| Founded | 2011 |
|---|---|
| Closed | 2023 |
| Country | India |
| Sector | Fintech |
| Collapse type | Fire Sale |
| Founder | Manish Patel |
Mswipe Technologies
"India's POS hardware giant that UPI rendered obsolete while investors watched $76M evaporate."
Distressed acquisition below last-round valuation
Key Events Timeline
Mswipe, a B2B payments company providing POS terminals and payment solutions to Indian merchants and SMEs, raised over $76M from investors including SBI, Falcon Edge, and Matrix Partners.
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