Amrit Acharya, an innovative co-founder and CEO of Zetwerk, is overseeing the growth of one of the fastest-growing manufacturing marketplaces in India. His entrepreneurial journey brought Saturn Industries from a SaaS startup to a global B2B marketplace. Amrit Acharya is also an active angel investor in fintech and design-oriented startups. This article presents Amrit Acharya’s biography who graduated from IIT Madras and later co-founded Zetwerk, which has grown into a $ 2.7 billion global manufacturing giant and is revolutionising the idea of industry within India.
Amrit Acharya is a co-founding director of Zetwerk, he was born in 1986, got his Master’s, and then later got his MBA. His work at the company is on the management level and he is a father. He is also an active angel investor. If you want to find out more about Amrit Acharya, Zetwerk, their family, or anything else, read this article.
CONTENTS AVAILABLE AT THIS PAGE
Amrit Acharya – Quick Info.
| NAME | AMRIT ACHARYA |
|---|---|
| Birthplace | Bhubaneswar, Odisha, India |
| Born | 01 Jan 1970 |
| Nationality | Indian |
| Education | Electrical Engineering from IIT-Madras MBA from HAAS School of Business, University of California |
| Position | Co-founder & CEO of Zetwork |
| Net worth | INR 3730 crore (Feb 2024) |
| Website | Zetwerk.com |
Amrit Acharya – Early Life and Education
Amrit Acharya’s academic trajectory is a combination of technology and management which forms the roots of his profession. He began his studies at BJB Junior College where he was engaged in Physics from 2004 to 2006. Thereafter, he pursued Electrical Engineering at the Indian Institute of Technology, Madras, and completed the Bachelor of Technology in 2010. However, he did not cease there—he felt that there was a need to enhance his business qualities and therefore joined an MBA program at the University of California, Berkeley, Haas School of Business and graduated in 2016. The integration of such technical and business understanding has been crucial in his career progression.
Amrit Acharya – Career
After finishing with his degree at IIT Madras in 2010, the young Amary Acharya understood the importance of letting his career take off with the Indian Company ITC. Later, he made the bold move of going to the U.S. for his higher studies, which opened up a wealth of business knowledge and exposure. The time that Amrit spent in the U.S was most rewarding as he worked in the McKinsey office, along with several other firms, and gathered experience in different industries for a period of 3 years or more.
Personal Life
Amrit Acharya’s upbringing is shaped by his family influcertain who place a high value on education and creating a social impact. Women Education and Environment, an organization working with rural women entrepreneurs in India is headed by Amrit’s mother, Dharitri Dwivedy. Amrit’s father, Dr. Arabinda Acharya is National Defense University professor based in Fort Bragg, N.C. and a well-published scholar in international studies. As students of IIT Madras, Amrit and his wife, Sharanya Nedungadi Haridas met, and later on, married on December 21, 2018. From the initial stages of their relationship in the university of Chennai, they moved on the next stage and continue to be happily married.
Amrit Acharya – Zetwerk
With the rising buzz around India’s manufacturing sector, two IIT graduates Amrit Acharya and Srinath Ramakkrushnan have joined the fray with their game-changing company disruption that is Zetwerk. Accompanied by his co-founders, Acharya grew the company into a B2B manufacturing marketplace. This transformation in their business strategy has leveled the fortunes of the company upwards to a valuation of 2.7 billion dollars today.
It is hard to believe but the Zetwerk company was only started six years ago with a single focus on the capital equipment market.
Srinath says it quite simply, “We focused on solving one problem for our customers. The problem of predictability and reliability for them.”
Zetwerk’s strategy in manufacturing also worked as it established a strong base and further pursued multiple different industrial areas.
Amrit’s first words while thinking about his decision to leave a comfortable corporate life to move back to India were the founding inspiration for them,“Our goal is simple. To make India a manufacturing hub.”
Such absolute conviction from the two IIT alums is ultimately going to reshape a lot of renowned names in the manufacturing industry in India.
In conclusion, Zetwerk has officially started the engagement with JP Morgan and other leading financial institutions in preparation for its IPO. The fast-growing manufacturing startup aims to be among Indian firms that are planning IPOs and, thus, marks a further stage in its growth strategy.
Amrit Acharya – Journey So Far!
Amrit Acharya is an Angel Investor based in Bengaluru, focusing on transformative sectors like Design, Fintech, and Software. His notable investments include:
| DATE | ORGANIZATION NAME | FUNDING ROUND | MONEY RAISED |
|---|---|---|---|
| August 22, 2023 | Boxs | Seed Round | $1.6 million |
| May 25, 2022 | Nakad | Seed Round | $7 million |
| April 4, 2022 | Agrizy | Seed Round | $4 million |
| August 17, 2021 | Yojak | Seed Round | INR 282 million |
Related Read:- Empower vs. Quicken – Which is Best for Wealth Management?
Conclusion:
Ain’t it amazing? Amrit Acharya co founded Zetwerk after leaving the IIT Madras institute as an inspiring personality. It happened because he focused on making Zetwerk a worldwide productive platform, which today influences the industry even through Acharya’s entrepreneurial instincts. So does his shyness as an angel investor who insists on supporting innovations for the appropriate sphere.
FAQs:
Q: Who is Amrit Acharya?
A: Amrit Acharya is a co-founder and the seated CEO of Zetwerk which is a globally recognized B2B manufacturing marketplace.
Q: What is Zetwerk?
A: Zetwerk is a Manufacturing B2B Marketplace that Amrit Acharya co-founded to help transform the manufacturing industry of India.
Q: What is Amrit Acharya’s educational background?
A: He graduated in Electrical Engineering from IIT Madras and later acquired an MBA from Haas School of Business, UC Berkeley.
Q: What other ventures is Amrit Acharya involved in?
A: Apart from steering Zetwerk, Amrit Acharya has also invested in several startups with interest in fintech and design and software UI.
Q: What is Zetwerk’s current valuation?
As of 2024, Zetwerk valuation is stated to be 2.7 billion dollars making it one of India’s fastest growing manufacturing company.
