India Deal Digest 09/01/2012 - POS firm Mswipe raises 4Cr INR in a round lead by Matrix Partners

2 companies which were very often referred to as India's Square now have been backed by venture capital firms, suggesting the great potential in the payments field in India. After having distributed its services to over 200 cities in the short span of 4 months, the only featured company in today's deal digest has been backed with substantial funding from institutional investors and angel investors. Here's the deal digest for 09/01/2012 -

Matrix Partners invests in mobile POS firm Mswipe

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