Gå frakoblet med Player FM -appen!
Amrit Acharya, Founder, Zetwerk, on bringing the next revolution in manufacturing
Manage episode 303756313 series 2884931
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.
Notes -
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
255 episoder
Manage episode 303756313 series 2884931
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.
Notes -
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
255 episoder
כל הפרקים
×Velkommen til Player FM!
Player FM scanner netter for høykvalitets podcaster som du kan nyte nå. Det er den beste podcastappen og fungerer på Android, iPhone og internett. Registrer deg for å synkronisere abonnement på flere enheter.