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Deal
Corner
March 08, 2025
NDA Represents Hara Global Capital in its investment
in food delivery startup Swish
DEAL BRIEF
Hara Global Capital (“Hara”)
recently participated in the Series A Funding Round
of Munchmart Technologies Private Limited (also commonly
known as “Swish”). The transaction
involved a primary infusion by Hara into Swish, alongside
existing co-investor Accel, who infused additional capital
as part of this round.
Swish is an ultra-fast food delivery
startup that delivers food in 10 minutes, through the
use of hyper-localised and optimised cloud kitchens.
Swish is currently operating in Bengaluru and aims to
expand across all major Indian cities.
OUR ROLE
We at
Nishith Desai Associates, acted as the legal and
regulatory counsel to Hara and advised them on the structuring,
negotiation, and finalisation of the transaction documents.
OUR CLIENTS
Hara Global Capital is a global hedge fund manager with offices in London and New York. The firm specializes in investing in exceptional public businesses, employing a deep research-oriented, fundamental, concentrated, long-bias investment strategy, particularly focusing on Indian equity investments.
DEAL TEAM
Harshita Srivastava
Parina Muchhala
PRESS COVERAGE
https://www.moneycontrol.com/news/business/startup/10-minute-food-delivery-startup-swish-raises-14-million-in-funding-from-hara-global-12958308.html
https://www.entrepreneur.com/en-in/news-and-trends/swish-secures-usd-14-mn-in-series-a-to-expand-instant-food/488069
https://entrackr.com/exclusive/exclusive-10-min-food-delivery-startup-swish-raises-14-mn-8827719
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