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Startup Mswipe raises ₹200cr from Ratan Tata's fund, others
short by Pragya Swastik / on Thursday, 22 June, 2017
Mumbai-based mobile point-of-sale services provider Mswipe on Wednesday raised ₹200 crore in Series D funding round from Ratan Tata-led UC-RNT Fund, Matrix Partners and other investors. Existing investors Falcon Edge Capital and DSG Consumer Partners also invested in this round. Axis Bank made an exit from the startup by selling its entire 8% stake in Mswipe for ₹80.94 crore.
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