India, Feb. 25 -- Enterprise services startup Wootzwork has secured $6.6 Mn (about Rs.60 Cr) in a Series A funding round led by Z47. Besides, investors like Nexus Venture Partners, AdvantEdge Founders and Stride Ventures also participated in the round.
The Delhi NCR-based startup plans to utilise the fresh capital to expand its global engineering and programme teams, support larger and more complex original equipment manufacturing (OEM) programmes. Besides, it also plans to scale its manufacturing control systems across regions.
For context, OEM programmes are structured partnerships in which OEMs produce components or subsystems that other companies integrate into their final products, typically under the buyer's brand.
Founded in 202...
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