Swish to Raise $20-25 Million Led by Bertelsmann India

The Economic Times reported that Swish plans to raise $20-25 million in a round led by Bertelsmann India. The deal is also expected to include participation from the startup’s existing investors. Sources cited by the publication said the funding would value the two-year-old company at around $200 million. Swish had previously raised $38 million. The report is based on unnamed sources and covers the planned transaction details released so far.