[Update] Exclusive: Zetwerk Enters Unicorn Club With $150 Mn Round

[Update] Exclusive: Zetwerk Enters Unicorn Club With $150 Mn Round

SUMMARY

The new round was led by Cayman-based D1 Capital Partners along with participation from Lightspeed, Greenoaks, Accel and others

Zetwerk closed its Series D round $120 Mn in February this year

The company confirmed the funding round days after Inc42's exclusive report

Update: After Inc42’s exclusive story on the funding round was published last week, Zetwerk announced raising of $150 Mn equity round, led by New York-based D1 Capital Partners. As revealed to us by our sources last week, Zetwerk has entered the unicorn club and raised the funds at a post-money valuation of $1.33 Bn. 

New investors Avenir and IIFL also participated in the round, along with existing backers. The round also included angel investors such as OYO founder Ritesh Agarwal, CRED founder Kunal Shah, Alarko Ventures managing partner Cem Garih, among others.

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