Mswipe, a Mumbai-based company which provides point of sale (POS) solutions which enable merchants to accept card payments using their phones, has raised its second round of funding of INR 29.57 crore ($4.77M) for 22.82% stake from Matrix Partners and Axis Bank reveal regulatory filings.
From the Venture Intelligence PE Deal database: In Jan 2013 Matrix Partners and Axis Bank along with other Angel Investors had invested INR 10.38 Cr for a 19.12% stake.
Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India’s First & Most Exhaustive Transactions Newsletter.
