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

CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India* with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, which give it a pan-India presence. With more than 400 lawyers committed to client service, CMS INDUSLAW advises clients globally on Indian law. CMS INDUSLAW supports its clients’ transactional goals, business strategies and regulatory and dispute resolution needs. The CMS INDUSLAW team collaborates across practice areas, sectors and locations, navigating legal complexities and resolving legal issues efficiently for its clients.

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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 QE

India

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

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