AviZetwerk, which is a Bangalore based online market place for the corporate buyers and sellers has now secured $9 Million in the funding round of Series A from the Accel partners, according to the report which has been revealed. Some of its existing investors which include the Kae Capital and Sequoia Capital also participated in the round.
The startup which is founded by the IIT Madras Alumni, Amrit Acharya, and Srinath in the year 2017. It is a B2B marketplace which is focused to make to order custom manufacturing.
Zetwerk claims to be one of the India first on-demand manufacturing platforms that serve as EPC/OEM companies with outsourcing requirements and SME suppliers with the capacity. Zetwerk is a national extensive manufacturing network with the massive capacity, project engineering expertise, and wide manufacturing capability.
The startup had also earlier secured $1.2 Million in the funding round of seed from the Sequoia and Kae Capital in August last year.
The startup works mainly with the clients in the power, gas, renewable energy, oil, and infrastructure business. The clients base includes the Fidelity Contracts, BGR Energy, Jindal, Embassy Group and Embassy Office Parks.
Source: Zetwerk