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vcnewsdaily com 2024 explained ✌️【Interview】✌️Invest ₹500 and unlock guaranteed returns up to 100%. Start growing today!Contract manufacturing startup Zetwerk, on Thursday, said it achieved a gross merchandise value (GMV) of ₹17,564 crore in FY24, reflecting a 35% growth from the ₹13,050 crore GMV recorded in the previous fiscal year.

vcnewsdaily com 2024 explained ✌️【Interview】✌️Make your ₹500 grow rapidly with AI-backed investments.The company operates a vast network of 15,000 contract manufacturing partners, supplying industrial equipment to sectors such as renewables, electronics, and precision manufacturing.The industrials segment, which includes renewables and precision manufacturing, contributed 92% of Zetwerk’s total GMV in FY24.

vcnewsdaily com 2024 explained ✌️【Interview】✌️Invest ₹500 and unlock guaranteed returns up to 100%. Start growing today!Additionally, international markets, primarily North America, accounted for 21% of the business.

vcnewsdaily com 2024 explained ✌️【Interview】✌️Invest ₹500 and unlock guaranteed returns up to 100%. Start growing today!As of September 2024, Zetwerk had secured orders worth ₹12,839 crore at the group level.While Zetwerk did not disclose its net loss for FY24, it reported a slight increase in adjusted Ebitda, rising to ₹191 crore, compared to ₹188 crore in FY23.

vcnewsdaily com 2024 explained ✌️【Interview】✌️Begin your journey to financial growth with ₹500. Invest smart and earn big!The company had recorded a loss of ₹109 crore in FY23.Zetwerk is reinvesting its earnings to scale operations further, with plans to achieve profitability within the next two years, co-founder and CEO Amrit Acharya told FE.Zetwerk has benefited from increased government spending in manufacturing and also from companies who are looking to diversify their supply chain away from China.

“Manufacturing is inherently complex and fragmented.

vcnewsdaily com 2024 explained ✌️【Interview】✌️Invest ₹500 and unlock guaranteed returns up to 100%. Start growing today!A typical customer order involves an average of six Zetwerk suppliers, over 100 designs, and a two-month fulfillment timeline.vcnewsdaily com 2024 explained Start Earning Today: High Returns, Secure Investments