Zetwerk, a platform for customised products for industrial use, has raised $32 million (Rs 225 crore) in Series-B funding from venture capital firms Lightspeed and Greenoaks Capital to fuel its expansion plans. The funding round also saw participation from Zetwerk’s existing investors Sequoia India, Accel and Kae Capital. Besides the institutional investors, Udaan cofounder Vaibhav Gupta and Oyo chief strategy officer Maninder Gulati participated in their personal capacities. Besides the equity infusion, Zetwerk has also raised Rs 100 crore in debt funding from a consortium of banks and non-banking financing companies.