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Rajaram, Samvad do $120m Series D for Zetwerk manufacturing for $600m valuation

Business-to-business (B2B) manufacturing platform Zetwerk has raised $120 million (Rs 880 crore) in a Series D funding round led by US-based Greenoaks Capital and Lightspeed Venture Partners. The fundraising, which saw participation of Sequoia Capital and Kae Capital, values the company at around $600 million, sources said.

The Economic Times

Rajaram Legal advised Sequoia Capital India led by a team of partner Prasad Subramanyan, senior associate Aakanksha Pagnis, and associate Kanchana S P.

Zetwerk was represented by Samvad Partners, led by partner Siddharth Seshan and senior associate Lakshmi Kishore.

Samvad and Themis had advised on the Series A round in 2019.

The Series C of June 2020 had been handled by Samvad and Algo.

2021-02-03

Deal value: Approx. USD 120 million

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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