VC Fund Investments
E-commerce enabler Swift raises $2.2 M from Kalaari Capital, others
Bengaluru-based Internet commerce enabler Swift has raised USD 2.2 million (about INR 16.3 crore) in a funding round led by Kalaari Capital. The pre-series A funding round also saw participation from existing investors, FirstCheque, Indian Angel Network and other angels. The funds raised will be used to scale engineering efforts and simplify complex business workflows across checkout, payments and fulfillment. Founded in 2019 by Shyam Kalita, Prayas Mittal, and Debanshu Sinha, Swift's platform helps SMEs, D2C and omnichannel brands run their internet commerce ventures.
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