ZETWERK

We are delighted to share that ZETWERK raised close to $90 million in equity funding in 2024 and onboarded world-class investors such as Khosla Ventures IndiGo (InterGlobe Aviation Ltd) co-founder Rakesh Gangwal, and Baillie Gifford as we prepare for our near- to mid-term growth in the rapidly evolving manufacturing sector worldwide. We are also thankful to Greenoaks and Avenir our existing investors, for participating in the round. ZETWERK has emerged as one of the go-to manufacturing partners for more than 2,000 customers in India, North America, and Europe as they increasingly prefer ZETWERK’s capabilities to drive trust, reliability, and transparency in their supply chain requirements. As a result, 80-85% of ZETWERK's GMV has come from increased spending by repeat customers who use ZETWERK’s technology and supply chain to drive faster lead times, improved quality, and better visibility into their sourcing requirements. In 2020-21, the company decided to diversify its services beyond India and venture into international markets such as North America. It also added the Consumer business to its portfolio in addition to the Industrials segment. These strategic decisions have provided long-term tailwinds for the Company's global growth. GMV from the Industrials segment, which includes Renewables and Precision Manufacturing, contributed 92% to the total GMV. The International GMV accounted for 21% of the business. The Company secured orders worth ₹12,839 crore (~$1.51 billion) at the group level. #ZETWERK #Manufacturing #SupplyChain #Technology #Innovation #Investment #Funding #Startup #Growth #FutureofManufacturing

Zakir Hussain (1951–2024) The rhythms may have stopped, but your beats will echo forever. Rest in Peace, Maestro.

We're delighted to announce that Zetwerk has been named among the top 75 most innovative companies in India by Confederation of Indian Industry This recognition is a testament to our commitment to driving technological advancements in manufacturing and reshaping the industry landscape. Our vision aligns perfectly with the Hon'ble Prime Minister Shri Narendra Modi ji’s vision of a technologically advanced India. By leveraging technology and fostering strong industry-academia partnerships, we're empowering manufacturers to achieve greater efficiency, transparency, and scalability. We're grateful to our talented team, valued partners, and supportive customers for making this achievement possible. Let's continue to innovate and contribute to India's growth story! #innovation #manufacturing #technology #industry4.0 #IndiaGrowthStory #CII #Zetwerk Vipin Sondhi B Thiagarajan Chandra Kaushik Rishikesha Krishnan Amrit Raj Mitali Ahuja

In a recent panel discussion organized by PhillipCapital, industry leaders and government officials gathered to explore the future of Electronics Manufacturing Services (EMS) in India. Josh Foulger, President (Electronics) at ZETWERK, highlighted the potential for India to transition from an EMS 1.0 to an EMS 2.0 model. Mr Foulger emphasized the importance of shifting the focus from "India for India" to "India for the world." He acknowledged the significant strides made in EMS 1.0 over the past decade, creating jobs and establishing a robust domestic industry. However, he stressed the need to address key challenges and capitalize on emerging opportunities. *Key Aspects of EMS 2.0* Foulger identified three critical areas that would shape the future of EMS in India: *A. Reducing Import Dependency:* India currently imports a substantial portion of IT hardware, consumer electronics, and strategic electronic components. By increasing domestic production and fostering a strong local supply chain, India can reduce its reliance on imports and enhance its economic self-sufficiency. *B. Boosting Exports:* While India has made progress in exporting mobile phones, it has significant potential to expand its export markets. By leveraging its skilled workforce, competitive costs, and supportive government policies, India can become a global manufacturing hub for a wide range of electronic products. *C. Developing a Strong Component Ecosystem:* A robust domestic component ecosystem is essential to achieve higher value-addition and reduce dependence on foreign suppliers. By investing in research and development, promoting innovation, and providing incentives to domestic component manufacturers, India can strengthen its position in the global electronics value chain. The panel discussion underscored the immense potential of EMS 2.0 in driving India's economic growth, creating high-skilled jobs, and establishing the country as a global leader in electronics manufacturing. The other panelists who participated in the discussion included: Panelists: Shri S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY), Government of India Mr. Pankaj Mohindroo , Chairman, India Cellular & Electronics Association (ICEA) Mr. Atul Lall, Vice Chairman & Managing Director, Dixon Technologies (India) Mr. Debasish Choudhury, Vice President & Business Development & Country Manager, Jabil India Manufacturing Dr. Suraj Rengarajan, Managing Director & Head Semiconductor Products Group (SPG), Applied Materials India Mr. Sanjay Gupta, Chief Development Officer & Global Head of Engineering, L&T Semiconductor Technologies Dr. Dr. Guttal Ravi, Chief Technology Officer & Sr. Vice President - Engineering & Quality, Aequs The session was moderatedr by Mr. Ankush Wadhera, Managing Director & Partner, BCG #IndiaforIndia #IndiafortheWorld #EMS2.0 #MadeinIndia #AtmanirbharBharat #componentmanufacturing #electronicsindustry #techindustry #futureofmanufacturing

Honoring the Indian Navy. On this Indian Navy Day, we salute the valor and dedication of our naval forces who safeguard our maritime borders. At ZETWERK, we are committed to providing state-of-the-art solutions to support our defense forces. #IndianNavyDay #MaritimeSecurity #ZETWERK

Amrit Acharya, Co-founder & CEO of ZETWERK participated in Mint Leadership Dialogue on :Realizing India’s Economic Dividend: Distribution of Opportunity". He shared insights on: 1. Safeguarding Brand Bangalore and enhancing its global appeal 2. Navigating the challenges and opportunities of running a global business in Karnataka 3. The need for urban infrastructure upgrades in Bangalore and the role of corporate India 4. The evolving entrepreneurial economy This roundtable is part of an exclusive series in Delhi, Mumbai, and now Bengaluru, focused on raising India’s per capita income—a crucial step toward becoming a developed nation by 2047. #Leadership #Innovation #EconomicGrowth #India2047 #Entrepreneurship #Bangalore Thank you Leslie D'Monte for this campaign!

Zetwerk's co-founder Rahul Sharma had a great time discussing the future of India's electronics industry at the 7th Confederation of Indian Industry Electronics Summit 2024. It was his honor to be part of the panel discussion on “Start-ups and Emerging Technologies: Shaping the Future of Electronics Industry.” India’s electronics sector is poised for exponential growth, driven by government initiatives, technological advancements, and a skilled workforce. The panel explored how startups and emerging technologies can accelerate this growth and position India as a global electronics manufacturing hub. Let’s continue to innovate, collaborate, and build a brighter future for the Indian electronics industry! #electronics #manufacturing #india #startup #technology #CII #summit #futureofelectronics

𝐖𝐨𝐫𝐤 𝐡𝐚𝐫𝐝, 𝐏𝐥𝐚𝐲 𝐡𝐚𝐫𝐝𝐞𝐫—𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐛𝐨𝐧𝐝𝐬 𝐬𝐭𝐫𝐨𝐧𝐠𝐞𝐫! Our very first Sports Day was a smashing success, with 300+ #ZetSetters swapping their laptops for Go-Karts and meeting rooms for bowling alleys. The spirit was electric as teams battled for the House Cup! Watch the video below to experience a day filled with teamwork, energy, and unforgettable moments we proudly engineered! Shape the Future of Manufacturing with Us – Join the Team! See all the opportunities here: https://lnkd.in/ge5RcWea #TheFutureIsZetwerk #MaximizeManufacturing

Our co-founder Vishal Chaudhary recently spoke at the Bengaluru Tech Summit where he shared key insights on opportunities in India's aerospace & defence sector, the transformative role of AI in India's defence industry and beyond. He emphasized the critical need to develop indigenous intellectual property (IP) to address India-specific challenges and highlighted the importance of achieving complete supply chain control, especially in sectors like defense. He also noted how evolving battlefields are increasingly integrating AI into equipment, marking a significant shift in defense strategies. Here are excerpts from his session which was expertly moderated by Prashanth Prakash, Founding Partner at Accel in India and Chairman of the Vision Group on Startups, Government of Karnataka: #Manufacturing #BuildForIndia #Aerospace #Defence #Manufacturing