CosmicTaco

ZETWERK Secures $90M, Valuates at $3.1B

CosmicTaco · 2024-12-20T09:09:25.164168+05:30

- ZETWERK raised $90 million in 2024, led by Rakesh Gangwal and Khosla Ventures, reaching a $3.1 billion valuation. - Achieved ₹17,564 crore ($2.10 billion) GMV for FY24, with significant contributions from renewables, consumer electronics, and aerospace. - UK-based Baillie Gifford joined as a new investor, fueling global expansion in manufacturing capabilities across multiple sectors. Source: [The Hindu Businessline](https://www.thehindubusinessline.com/info-tech/zetwerk-raises-90m-in-latest-funding-round-hits-31b-valuation/article69005187.ece)

ZETWERK raised $90 million in 2024, led by Rakesh Gangwal and Khosla Ventures, reaching a $3.1 billion valuation.
Achieved ₹17,564 crore ($2.10 billion) GMV for FY24, with significant contributions from renewables, consumer electronics, and aerospace.
UK-based Baillie Gifford joined as a new investor, fueling global expansion in manufacturing capabilities across multiple sectors.

Source: The Hindu Businessline