“So today when we onboard suppliers, we collect 202 free data points per supplier, you know, starting from who they are, what machines they have made before, what, who are their customers.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Amrit Acharya
PredictionDidn’t hold up
Acharya: Zetwerk has runway to reach $10B revenue in five years
“I see us having a pretty strong runway to even ten billion dollars of revenue in the kind of next, you know, five, five years, kind of time, time horizon.”
Amrit AcharyaOct 4, 2021▶ 17:34Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
AssertionPartly supported
Acharya: Zetwerk is EBITDA positive and generating cash
“Two months back we announced that we are EBITDA positive as well. So we started generating cash from the business.”
Amrit AcharyaOct 4, 2021▶ 6:24Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
PredictionDidn’t hold up
Acharya: Zetwerk on track to hit $1B revenue within six months
“I think what we can say that, you know, we are very much on track to cross the billion dollars of revenue. Maybe in the next six months.”
Amrit AcharyaOct 4, 2021▶ 17:26Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
AssertionNot checkable as stated
Acharya: India built very little new infrastructure over the past decade
“In fact, if you look at the last 10 years of India, there's been very little new infrastructure has come up.
Most of what we do is some form of replacement of something that is already broken, or they want to upgrade you know, to meet the latest pollution nor…”
Amrit AcharyaOct 4, 2021▶ 19:38Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
AssertionNot checkable as stated
Acharya: US consumer companies are migrating manufacturing from China to India
“A lot of consumer companies are moving all of their, there is to,
Buy everything from China.
They're now starting to make, move their manufacturing to India.
US companies, which have previously been from China are now buying from India.”
Amrit AcharyaOct 4, 2021▶ 20:18Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
AssertionNot checkable as stated
Acharya: Zetwerk turns down 80% to 90% of customer business
“In fact, we turn down 80 to 90% of business that customers want us to do. So, you know we get billions of dollars of designs every month from customers, and we pick very, very little of that.”
Amrit AcharyaOct 4, 2021▶ 23:22Zetwerk founder on Pivoting, Funding and Building a Manufacturing Unicorn ft. Amrit Acharya
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