Switarc invests on telehealth and early-stage consumer tech and food sustainability companies.
[2] Its major invests include Intellihealth,[3] R-Zero, and Artiphon.
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.
[7] In direct violation of the Texas State Securities Board's order to cease and desist from engaging in fraud, Mr. Jawahar solicited a $1 million investment from an investor only weeks after the order was given.
In December 2023, Sid Jawahar was indicted by a grand jury in the U.S. District Court in St. Louis on three counts of wire fraud and one count of investment adviser fraud.