IndiGo promoter Rakesh Gangwal invests $20 million capital in Zetwerk
Unicorn startup Zetwerk on Thursday said it has received $20 million (about Rs 165 crore) investment from IndiGo Airline promoter Rakesh Gangwal.
Gangwal is the last investor in the ongoing funding round of Zetwerk at $2.8 billion enterprise value.
“We are delighted to share that Rakesh Gangwal has invested $20 million in Zetwerk through Wheelhouse Venture Capital. Gangwal, with his extensive experience spanning several decades, brings invaluable insights into building businesses and iconic brands. His strategic guidance will be crucial in building Zetwerk into a generational company,” Zetwerk said in a statement.
The company has raised $650 million to date, including the recent investment from Gangwal.
