History
The Swiftarc Ventures was founded in 2019 by Sid Jawahar.Investments
Switarc invests on telehealth and early-stage consumer tech and food sustainability companies. Its major invests include Intellihealth, R-Zero, and Artiphon. The firm has two separate invest funds - Swiftarc Venture Labs Fund, Swiftarc Telehealth Fund.Controversy & Fraud
In 2022, Swiftarc Ventures founder Sid Jawahar was ordered to cease and desist from engaging in fraud after it was found that, since September 2019, Swiftarc Capital and Jawahar had been engaging in fraud by overvaluing an illiquid, sizable position owned by the Swiftarc Fund, LP (the “Fund”), which was managed by Swiftarc Capital and Jawahar. As a result of his fraudulent activity, Mr. Jawahar's fund, Swiftarc Capital, LLC, had its investment adviser registration revoked by the Texas Securities Commissioner. In addition to the aforementioned, Mr. Jawahar has found himself embroiled in a handful of legal cases asserting fraudulent acivity, including an alleged Ponzi Scheme run by Mr. Jawahar through Order of Magnitude Ventures, LLC.References
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