New Delhi, Feb. 21 -- Swish Club obtained USD 4.5 million during its Pre-Series A fundraising event to become India's leading sustainable Devices-as-a-Service (DaaS) platform. The Pre-Series A funding comprised USD 3.3 million in equity financing and USD 1.2 million in debt financing. The equity investment portion of the funding came from Powerhouse Ventures while Blume Ventures and Founders Fund, Touchstone Ventures and Eternal Capital, and Atrium Ventures also provided support.

The organization brought together Anuj Srivastava of Livspace and Ajit Reddy of Al Jazira Capital alongside Deb Dutt formerly of Goldman Sachs along with Tushar Patel from Goldman Sachs and Jatin Mamtani who worked at Citi Ventures for the funding group. Swish C...