Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
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- Опубликовано: 4 июл 2024
- India is becoming the world’s fastest-growing startup ecosystem with over 60+ Unicorn Startups, out of which 25+ have gained their Unicorn status in 2021 itself.
One of the youngest amongst them is headed by the guest of our today’s episode, Amrit Acharya, Co-founder & CEO, Zetwerk.
Zetwerk started in 2018, with the idea to help manufacturing managers with managing several suppliers with ease using a dashboard, as previously the role had been very “manual and prone to errors”.
The product was great, but when they reached out to potential customers, they didn’t get a very optimistic response. Instead, these customers wanted a marketplace solution where they could discover and connect with new suppliers. And that’s what led to Zetwerk’s pivot within 6 months of starting up.
Currently, Zetwerk helps its customers reduce costs, optimize suppliers and execute production faster.
Some stats relating to its current scale -
15+ Countries - North American, Indo-Pacific & Middle Eastern regions
25+ Industries - Oil & Gas, Aerospace, Automotive, Construction, Mining & more
100+ Retained happy customers
1000+ projects
During the episode, Amrit talks in-depth about the nitty-gritty of the manufacturing sector, what are some of the key focus points for customers, and much more.
Listen to us on:
iTunes: podcasts.apple.com/in/podcast...
Spotify: open.spotify.com/episode/7c6L...
Castbox: castbox.fm/episode/Amrit-Acha...
Notes -
00:00 - Introduction
01:29 - Revenue and scale at Zetwerk
04:26 - Solving for market access & capital expenditures for small manufactures
05:31 - Zetwerk’s revenue model
10:15 - Time v/s Quality in manufacturing
18:30 - Nature of retained customers
20:47 - Order size from $1000 to $30 Mn
24:32 - Creating a catalogue for the uncatalogued market
36:15 - Approach as an entrepreneur during fundraising
Read the full transcript here👇
100xentrepreneur.com/podcasts/amrit-acharya-founder-zetwerk-on-bringing-the-next-revolution-in-manufacturing/
This episode is also available on👇
iTunes *apple.co/2SAhyFs
Soundcloud bit.ly/2SRSWqD
Spotify spoti.fi/3bJ1Zmh
CastBox bit.ly/2UZ1oHu
Follow us on
Twitter twitter.com/100xEntr
LinkedIn www.linkedin.com/company/100x...
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The knowledge one gains from these podcasts is just tremendous.
A really inspiring video!
Building a unicorn in 3 years even after pivoting is huge, very inspiring podcast.
Great Going Team Zetwerk !!!
Amazing how they pivoted twice, and are now a unicorn!
Good video but that subscribe button on bottom is really annoying.
I understand that you would want more people to subscribe to your channel, but popping it up every minute....really?
Hi Rahul, thanks for highlighting. We will work on that.
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