# Zetwerk funding: rounds and investors

> Zetwerk has raised $93M across 3 rounds since 2019. Investors include Lightspeed Venture Partners, Greenoaks and Bharat Value Fund. Every round with its source.

Source: https://millionrounds.com/company/zetwerk (Millionrounds; every figure on the page links to its filing or article)

India · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Zetwerk*

3 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2B Manufacturing

Raised 3 months ago Valuation: $3.1B, Mar 2026

Funding summary Updated 26 Oct 2026

**$93M** raised across 3 rounds since 2019, from 3 sources

**$9.0M** Series A **$32M** Series B **$52M** Round

- **Latest round:** Round, $52M Jul 2026
- **Led by:** Bharat Value Fund
- **Step-up i:** 1.6×
- **Investors:** 6 (3 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022 2023 2024 2025 2026

**$9.0M** Series A

**$32M** Series B

**$52M** Round

- **First round:** Series A, $9.0M
- **Biggest round:** $52M
- **Usual gap between rounds:** 6.6 years

## The rounds

- **Jul 2026** Round **$52M** *1 new* [Bharat Value Fund](https://millionrounds.com/fund/bharat-value-fund) Lead Reported by Inc42
- **Dec 2019** Series B **$32M** *2 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) Lead [Greenoaks](https://millionrounds.com/fund/greenoaks) Lead Reported by TechCrunch
- **Mar 2019** Series A **$9.0M** *3 new* [Accel](https://millionrounds.com/fund/accel) [Kae Capital](https://millionrounds.com/fund/kae-capital) [Sequoia India](https://millionrounds.com/fund/sequoia-india) Reported by VCCircle

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2019 **Series B** 2019 **Round** 2026 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) L [Greenoaks](https://millionrounds.com/fund/greenoaks) L [Bharat Value Fund](https://millionrounds.com/fund/bharat-value-fund) L [Accel](https://millionrounds.com/fund/accel) [Kae Capital](https://millionrounds.com/fund/kae-capital) [Sequoia India](https://millionrounds.com/fund/sequoia-india)

## Everyone who backed them

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round, led 1

[Greenoaks](https://millionrounds.com/fund/greenoaks) VC firm **1** round, led 1

[Bharat Value Fund](https://millionrounds.com/fund/bharat-value-fund) Growth equity **1** round, led 1

[Accel](https://millionrounds.com/fund/accel) VC firm **1** round

[Kae Capital](https://millionrounds.com/fund/kae-capital) VC firm **1** round

[Sequoia India](https://millionrounds.com/fund/sequoia-india) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=zetwerk).

## Also claim to have backed them

These 5 firms list Zetwerk as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Toba Capital](https://millionrounds.com/fund/toba-capital) VC firm Per its own site

[Avenir](https://millionrounds.com/fund/avenir) VC firm Per its own site

[Formus Capital](https://millionrounds.com/fund/formus-capital) VC firm Per its own site

[Dubin & Company](https://millionrounds.com/fund/dubin-and-co-lp) Private equity Per its own site

[Pegasus India Evolving Opportunities Fund](https://millionrounds.com/fund/pegasus-india-evolving-opportunities-fund) VC firm Per its own site

## Quick answers about Zetwerk

### Who invested in Zetwerk?

Zetwerk's investors include Lightspeed Venture Partners, Greenoaks, Bharat Value Fund, Accel and Kae Capital, and 1 more on record. Bharat Value Fund led its latest round.

### How much has Zetwerk raised?

Zetwerk has raised $93M across 3 rounds since 2019.

### When did Zetwerk last raise?

Zetwerk's most recent round was an Undisclosed round of $52M in Jul 2026, led by Bharat Value Fund.

### What was Zetwerk's biggest round?

Its most recent round, $52M in Jul 2026, is also its largest on record.

### Who backed Zetwerk first?

Zetwerk's first round on record, in Mar 2019, was backed by Accel, Kae Capital and Sequoia India.

### What stage is Zetwerk at?

Zetwerk's latest named round is an Undisclosed round, in Jul 2026.

### Where is Zetwerk based?

Zetwerk is based in India.

### Who led Zetwerk's rounds?

Lightspeed Venture Partners led the Series B in 2019; Bharat Value Fund led the Undisclosed round in 2026.

## Companies like Zetwerk

In the same sector, and raised in the last eighteen months.

[**Greenzo Energy** $15M · Oct 2026](https://millionrounds.com/company/greenzo-energy)[**Navitas Solar** $20M · Oct 2026](https://millionrounds.com/company/navitas-solar)[**CapGrid** $5.4M · Oct 2026](https://millionrounds.com/company/capgrid)[**Scimplify** $65M · Oct 2026](https://millionrounds.com/company/scimplify)[**ThinkMetal** $2.8M · Oct 2026](https://millionrounds.com/company/thinkmetal)[**Whizzo** $37M · Oct 2026](https://millionrounds.com/company/whizzo)

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