Amrit Acharya: The Visionary Behind Zetwerk's Manufacturing Revolution

Amrit Acharya, co-founder and CEO of Zetwerk, is an innovative leader driving one of India’s fastest-growing manufacturing marketplaces. His entrepreneurial journey led Zetwerk from a SaaS startup to a global B2B marketplace. An avid angel investor, Mr. Acharya supports fintech and design-focused startups. This article explores Amrit Acharya’s inspiring journey from IIT Madras to co-founding Zetwerk, a $2.7 billion global manufacturing powerhouse transforming India's industrial landscape.

Learn about Amrit Acharya, his education, career, family, Zetwerk, and more from this article.

Amrit Acharya - Biography

Amrit Acharya - Early Life and Education
Amrit Acharya - Career
Amrit Acharya - Personal Life
Amrit Acharya - Zetwerk
Amrit Acharya - Journey So Far!
Amrit Acharya - Investments
Amrit Acharya - Unknown Facts / Interesting Facts
Amrit Acharya - Top Quotes

Amrit Acharya - Early Life and Education

Amrit Acharya's academic path blends technology and business, shaping the foundation of his career. He kicked off his studies at BJB Junior College, focusing on Science from 2004 to 2006. From there, he dove into Electrical Engineering at the prestigious Indian Institute of Technology, Madras, earning his Bachelor of Technology degree in 2010. But he didn’t stop there—he decided to broaden his business acumen by pursuing an MBA at the University of California, Berkeley, Haas School of Business, graduating in 2016. This combination of technical knowledge and business insight has played a key role in his professional journey.

Amrit Acharya - Career

Amrit Acharya began his career in India with ITC after graduating from IIT Madras in 2010. He later moved to the U.S. to pursue an MBA, where he expanded his expertise in business. During his time in the U.S., Amrit spent over three years working at McKinsey’s Palo Alto office, as well as other firms, gaining valuable insights and experience across various industries.

Amrit Acharya - Personal Life

Amrit Acharya hails from a family deeply rooted in education and social impact. His mother, Dharitri Dwivedy, leads Women Education and Environment, a nonprofit empowering rural women entrepreneurs in India. His father, Dr. Arabinda Acharya, is a professor at the College of International Security Affairs at National Defense University, Fort Bragg, N.C., and an accomplished author on international studies. Amrit met his wife, Sharanya Nedungadi Haridas, while both were students at IIT Madras. Their shared journey culminated in marriage on December 21, 2018. Their relationship, which started in the academic halls of Chennai, continues to thrive today.

Amrit Acharya - Zetwerk

Amrit Acharya and Srinath Ramakkrushnan, two visionary IIT graduates have been redefining manufacturing in India through their groundbreaking company, Zetwerk. Zetwerk initially envisioned as a software-as-a-service (SaaS) venture, recognized the need for a strategic pivot to thrive in the market. Amrit Acharya and his co-founders transformed the business into a B2B manufacturing marketplace. This bold shift has propelled the company to a valuation of $2.7 billion today, making it a Unicorn.

Zetwerk took root almost six years ago, initially targeting the capital equipment sector.

Srinath explains, “We zeroed in on a specific industry challenge—ensuring predictability and reliability for our clients.”

This focused approach not only laid a solid foundation but also opened doors to diverse industrial opportunities.

Reflecting on their leap from secure corporate jobs in the U.S., Amrit shares the passion fueling their journey: “Our mission is clear: to transform India into a manufacturing powerhouse.”

Their unwavering dedication is paving the way for significant change in the manufacturing landscape.

To conclude, Zetwerk has officially entered discussions with JP Morgan and other top bankers as it gears up for its initial public offering (IPO). The rapidly growing manufacturing startup is positioning itself to join the ranks of Indian unicorns seeking to go public, signaling a new chapter in its expansion strategy.

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Amrit Acharya - Journey So Far!

Amrit Acharya’s journey began in an unexpected yet formative way at ITC, where he was tasked with building a new factory fresh out of college. Despite knowing little about factory construction, Amrit found himself managing a team of seasoned professionals, some in their 40s and 50s, which taught him the importance of leadership, innovation, and adaptability. This experience sparked his entrepreneurial spirit, especially as he witnessed the wave of innovation sweeping through India in the early 2010s. It was during this time that Amrit realized the need to be at the forefront of this transformation.

After spending some time in the U.S., optimizing for practicalities like visas and teams, Amrit made a pivotal decision: to return to India and contribute to the country's entrepreneurial boom. He teamed up with Srinath, a long-time friend and co-founder and together they launched Zetwerk with a clear vision—to revolutionize procurement and supply chain management. Drawing on Amrit’s early experience of managing small manufacturers through spreadsheets and manual processes, they wanted to build software that could streamline and optimize procurement at scale.

Amrit envisions Zetwerk as a catalyst for socio-economic change, fostering inclusive growth and prosperity throughout India focusing on creating job opportunities in rural areas, detailing Zetwerk’s commitment to utilizing technology and skill development to empower underserved communities. Amrit aims to pave the way for a more equitable and sustainable future by prioritizing empowerment and inclusivity.

Amrit Acharya - Investments

Amrit Acharya is an Angel Investor based in Bengaluru, focusing on transformative sectors like Design, Fintech, and Software. His notable investments include:

Amrit Acharya - Unknown Facts / Interesting Facts

Amrit Acharya's passion for cricket began at a young age. In January 2001, he proudly represented the Orissa State Cricket Team at the all-India level in under-14 tournaments.

Amrit Acharya - Top Quotes

FAQs

Who is Amrit Acharya?

Amrit Acharya is the Co-founder and CEO of Zetwerk.

What is Amrit Acharya Education?

Amrit Acharya did Electrical Engineering from IIT-Madras and an MBA from HAAS School of Business, University of California.

What does Zetwerk do?

Zetwerk is a supply chain management company that engages in connecting with manufacturers to give customized results.

Who is Amrit Acharya wife?

Sharanya Nedungadi Haridas is the wife of Amrit Acharya.