INFOGRAPHIC: Top Asian Startup Funding — Week 51
These are the funding deals we tracked in the Asian region this week – featuring Zetwerk, Funding Societies, Bizom, Seekho, and GlobalTix.
- Zetwerk raised $70 million in Series F to scale operations in renewables, consumer electronics, and aerospace while expanding into new geographies.
- Funding Societies, based in Singapore, secured $25 million to deepen SME financing and scale its payments offerings.
- India’s Bizom brought in $12 million in Series B to expand its retail intelligence solutions and optimize supply chains.
- Seekho, an OTT learning platform from India, closed an $8 million Series A round to reach more tier-II audiences.
- GlobalTix landed $5 million in Series B to grow its presence in Thailand’s tourism sector.
Zetwerk Secures $70 Million in Series F to Strengthen Manufacturing Capabilities
India’s Zetwerk, a B2B e-commerce unicorn, raised $70 million in its ongoing Series F round led by Khosla Ventures and Indigo airline founder Rakesh Gangwal, with participation from UK-based fund Baillie Gifford. The company is now valued at $3 billion, up from $2.7 billion in its previous funding round in 2023.
Zetwerk operates as a managed marketplace for contract manufacturing, connecting industrial and consumer businesses with a global network of small-scale manufacturers. The company serves industries such as automotive, aerospace, and defense and recently ventured into IT hardware manufacturing with laptop production.
The fresh funding will help Zetwerk scale core business areas like renewables, consumer electronics, and aerospace, expand into new geographies, and strengthen its role in the electric vehicle sector. Zetwerk also plans to broaden its product offerings and enhance its manufacturing operations globally.
