5 Dariya News

Zetwerk Appoints Ankit Fatehpuria As Fifth Co-Founder

Zetwerk was founded in 2018 by Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma and Vishal Chaudhary

5 Dariya News

Bengaluru 07-Jul-2022

World's largest managed marketplace for contract manufacturing, Zetwerk Manufacturing Businesses, today announced the elevation of Ankit Fatehpuria as the fifth co-founder of Zetwerk.Ankit joined Zetwerk in March 2019 and single-handedly set up the finance function for the company. 

During this stint heading finance, he also seeded and scaled various business verticals for Zetwerk. In addition, Ankit has also been instrumental in initiating relationships with banks/financial institutions for the company both within India and abroad. 

Ankit will now be even more closely involved in helping shape the company’s future towards Zetwerk’s mission to modernise manufacturing and to build an enduring company. “Within four years of its inception, Zetwerk has accomplished things that few have. 

Ankit’s contribution to building Zetwerk has been exemplary, and he has demonstrated great leadership in crucial situations, earning trust and respect. He also embodies Zetwerk’s core values daily. I am confident that with him at the helm with Vishal, Rahul and Srinath, Zetwerk will scale newer heights and accomplish the true potential of our business,” said Amrit Acharya, Co-Founder & CEO, Zetwerk.  

Before joining Zetwerk, Ankit served as a Category Finance Manager at ITC and Internal Auditor at Indian Oil Corporation. He is a Chartered Accountant, Company Secretary, and an alumnus of St Xavier’s College, Kolkata. The other co-founders of Zetwerk are Srinath Ramakkrushnan, Vishal Chaudhary, Rahul Sharma and Amrit Acharya. 

About Zetwerk:

Valued at $2.7 billion, Zetwerk is a managed marketplace for contract manufacturing. Zetwerk partners with the world’s leading industrial and consumer enterprises to get their products manufactured via a global network of small manufacturers, where Zetwerk helps with supplier selection, pricing and fulfilment of orders. 

Zetwerk offers manufacturing solutions across a diverse range of industries such as Oil & Gas, Renewables, Aerospace, Infrastructure, Apparel, Electronics and Retail. For customers, Zetwerk’s global manufacturing network ensures products are manufactured faster, at competitive prices and with world-class quality.

In addition, Zetwerk’s in-house Manufacturing Operating System software, ZISO, enables digital selection of supply, real-time tracking across stages, visual updates of products getting made, seamless communication across stakeholders and quality assurance of the final product, thereby offering customers peace of mind. 

For manufacturing partners, Zetwerk drives higher utilization of manufacturing capacities and offers various portfolio services (including logistics, raw material procurement, working capital access) to drive revenue growth and optimize manufacturing costs.