CMS INDUSLAW, and Nishith Desai Associates advised on USD 38 Million Series B Funding for Swish.
Munchmart Technologies Private Limited, operating as Swish, an ultra-fast food delivery platform in India, raised USD 38 million in a Series B funding round led by Hara Global Capital, with participation from Bain Capital Ventures and Accel India.
Swish delivers fresh food in 10 minutes through hyper-localized and optimized cloud kitchens and currently operates in Bengaluru, with plans to expand across major Indian cities.
The funding will enable Swish to scale operations and strengthen its position in the fast-growing quick commerce and food delivery segment.
CMS INDUSLAW acted as legal counsel to Swish, advising on the structuring, negotiation, and finalization of the transaction documents.
The CMS INDUSLAW team comprised Partner Siddharth Manchanda, Principal Associate Maitri Parekh, Senior Associate Martin Mathews, Associates Nehal Kharyal. and Yash Borana.
Nishith Desai Associates acted as legal and regulatory counsel to Hara Global Capital, advising on the structuring, negotiation, and documentation of the investment.
The team included Nishchal Joshipura, Parina Muchhala, Khyati Dalal and Smita Singh.
The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at chanchal.makhija@thegreymatter.co.in mentioning your firm’s name, lawyers involved (including designation) and client represented.
