Induslaw Deal Report - Munchmart Technologies Private Limited ("Swish”)

Our firm advised Munchmart Technologies Private Limited ("Swish") on its Series A funding round, led by Hara Global Capital and Accel India. The round also saw participation from prominent angel investors, including Gaurav Munjal, Sumer Juneja, and QED Innovation Labs LLP.

With this deal, Swish is positioning itself as a formidable competitor in the quick delivery space, challenging major players like Bolt, Zomato, Zepto Cafe, and Bistro.

INDUSLAW Team:

Siddharth Manchanda (Partner), Shantanu Singh (Partner), Harsha Tiwari (Associate) and Priya Sharma (Associate).

Other law firms advised:

• Nishith Desai Associates – Hara Global Capital
• SAM & Co. – Accel India

Footnotes

1. https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/10-minute-food-delivery-startup-swishraises-14-mn-in-series-a/118797827

2. https://inc42.com/buzz/swish-raises-14-mn-to-scale-its-10-minute-food-delivery-offering/

3. https://www.moneycontrol.com/news/business/startup/10-minute-food-delivery-startup-swish-raises-14-million-in-fundingfrom-hara-global-12958308.html

4. https://www.indianretailer.com/news/funding-alert-swish-raises-14-mn-series-backed-hara-global-and-accel-india