M&A Deal Summary

Swych Acquires Gift Cards India

On May 8, 2018, Swych acquired e-commerce company Gift Cards India

Acquisition Highlights
  • This is Swych’s 1st transaction in the E-Commerce sector.
  • This is Swych’s 1st transaction in India.

M&A Deal Summary

Date 2018-05-08
Target Gift Cards India
Sector E-Commerce
Buyer(s) Swych
Deal Type Add-on Acquisition

Target

Gift Cards India

Mumbai, India
GCI Network Pvt. Ltd. is an online shopping destination for all gift card and gift voucher. GCI Network Pvt. Ltd. was founded in 2010 and is based in Mumbai, India.

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Buyer(S) 1

Buyer

Swych

Plano, Texas, United States

Category Company
Founded 2015
Sector Internet Software and Services
DESCRIPTION

Swych, Inc. is a mobile gifting platform enables users to send "swychable" gifts from their mobile device that can be instantly redeemed for electronic gift cards from more than 120 popular brands. Swych, Inc. was founded in 2015 and is based in Plano, Texas.


DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2018 M&A 1 of 1