Amendment Proposal requires an ordinary resolution under the Companies Act and, pursuant to the Trust Agreement, requires the affirmative vote of at least sixty-five percent (65%) of the votes cast by virtual means as provided herein). If your shares are heldthe holders of the issued and outstanding Public Shares and Founder Shares, present in an account at a brokerage firmperson or bank, you must instruct your broker or bank how to vote your shares, or you may cast your vote in personrepresented by proxy at the Extraordinary General Meeting by obtaining a proxy from your brokerage firm or bank (including by virtual means as provided herein). Your failureany adjournment thereof and entitled to vote on such matter. The Adjournment Proposal requires an ordinary resolution under the Companies Act, being the affirmative vote of a simple majority of the votes cast by the holders of the Public Shares and Founder Shares, present themselves or instruct your broker or bank how to vote will mean that your ordinary shares will not count towards the quorum requirement forrepresented by proxy at the Extraordinary General Meeting and will not be voted. An abstentionentitled to vote thereon. Accordingly, if you fail to vote by proxy or broker non-vote will be counted towards the quorum requirement but will not count as ato vote castyourself at the Extraordinary General Meeting.

Important Notice RegardingMeeting, your shares will not be counted in connection with the Availabilitydetermination of Proxy Materials forwhether a valid quorum is established, and, if a valid quorum is otherwise established, such failure to vote will have no effect on the outcome of any vote on the Extension Proposal, Trust Agreement Amendment Proposal, NTA Requirement Amendment Proposal or Adjournment Proposal. If you hold your shares in “street name” through a bank, broker or other nominee, you will need to follow the instructions provided to you by your bank, broker or other nominee to ensure that your shares are represented and voted at the Extraordinary General Meeting.

NOTICE OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

OF SWIFTMERGE ACQUISITION CORP.

TO BE HELD ON MARCH 13, 2024

To the Shareholders of Swiftmerge Acquisition Corp.:

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting to(the “Extraordinary General Meeting”) of the shareholders of Swiftmerge Acquisition Corp., a Cayman Islands exempted company (the “Company,” “Swiftmerge,” “we,” “us” or “our”), will be held on June 12, 2023: This notice of extraordinary general meeting and the accompanying Proxy Statement are availableMarch 13, 2024, at https://www.cstproxy.com/swiftmergeacquisition/2023.

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The purpose of the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal, and, if necessary, the Adjournment Proposal, is to allow Swiftmerge additional time to complete an initial business combination (the “Business Combination”).

You are not being asked to vote on a Business Combination at this time.

The Articles of Association and Trust Agreement currently provide that the Company has until March 15, 2024 to consummate a Business Combination. The only way to extend the Termination Date after March 15, 2024 is to conduct an extraordinary general meeting for a separate shareholder vote under the Articles of Association and the Trust Agreement.

If the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal are approved, the Termination Date will be extended from March 15, 2024 to June 17, 2025, the Extended Date.

Swiftmerge’s board of directors (the “Board”) has determined that it is in the best interests of Swiftmerge to seek an extension of the Termination Date and have Swiftmerge’ shareholders approve the Extension Amendment Proposal to allow for additional time, if needed, to consummate a Business Combination. Swiftmerge intends to call an additional extraordinary general meeting of its shareholders to approve a Business Combination at a future date (referred to herein as the “Business Combination Extraordinary General Meeting”). The Board believes that it is in the best interests of Swiftmerge shareholders that an extension of the Termination Date (the “Extension”) be obtained so that Swiftmerge will have an additional amount of time to consummate a Business Combination. Without the Extension, Swiftmerge will not be able to complete a Business Combination on or before the Termination Date, and would be forced to liquidate.

Our Board believes that it is improbable that Swiftmerge will be able to negotiate and complete a Business Combination before March 15, 2024. Accordingly, our Board believes that in order for us to potentially consummate an initial business combination, we will need to obtain the Extension.

As contemplated by the Articles of Association, the holders Swiftmerge’s public Class A ordinary shares, par value $0.0001 per share, issued as part of the units sold in the IPO (the “Public Shares”) may demand that such shares be redeemed in exchange for a pro rata share of the aggregate amount on deposit in the Trust Account, including interest not previously released which shall be net of taxes payable, and less interest to pay dissolution expenses, calculated as of two (2) business days prior to the consummation of the Extraordinary General Meeting (the “Redemption”). You may elect to redeem your Public Shares in connection with the Extraordinary General Meeting.

However, unless the NTA Requirement Amendment Proposal is approved, Swiftmerge will not proceed with the Extension or the Redemption if Swiftmerge does not have at least $5,000,001 of net tangible assets upon its consummation of the Extension, after taking into account any Redemptions.

Swiftmerge’s Articles of Association currently provide that Swiftmerge will not consummate any business combination unless it (or any successor) has net tangible assets of at least $5,000,001 upon consummation of such business combination. The purpose of the NTA Requirement Amendment is to add an additional basis on which Swiftmerge may rely, as it has since its IPO, so as not to be subject to the “penny stock” rules of the SEC. However, if the Company fails to complete one or more business combinations within 36months of its IPO, which date is December 17, 2024, it would be in violation of Nasdaq Listing Rule IM-5101-2. In such event, Nasdaq may suspend or delist the Company’s securities and the Company would not be able to rely on being listed on Nasdaq for purposes of not being deemed a “penny stock” issuer. (See “Risk Factors” at page 23).

On February 22, 2024, the redemption price per Public Share was approximately $10.92 (which is expected to be the same approximate amount two (2) business days prior to the Extraordinary General Meeting), based on 2,246,910 Public Shares outstanding and the aggregate amount on deposit in the Trust Account of approximately $24,557,529 as of February 22, 2024 (including interest not previously released to Swiftmerge to pay its taxes),

divided by the total number of then issued and outstanding Public Shares. The closing price of the Ordinary Shares on Nasdaq on February 22, 2024 was $10.99. Accordingly, if the market price of the Ordinary Shares were to remain the same until the date of the Extraordinary General Meeting, exercising redemption rights would result in a holder of Public Shares receiving approximately $0.07 less per share than if the Public Shares were sold in the open market. Swiftmerge cannot assure shareholders that they will be able to sell their Ordinary Shares in the open market, even if the market price per Public Share is lower than the redemption price stated above, as there may not be sufficient liquidity in its securities when such shareholders wish to sell their shares. Swiftmerge believes that such redemption right enables its holders of Public Shares to determine whether to sustain their investments for an additional period if Swiftmerge does not complete a Business Combination on or before the Termination Date.

Approval of each of the Extension Amendment Proposal and the Trust Agreement Amendment Proposal is a condition to the implementation of the Extension. In addition, unless the NTA Requirement Amendment Proposal is approved, Swiftmerge will not proceed with the Extension or the Redemption if Swiftmerge does not have at least $5,000,001 of net tangible assets upon its consummation of the Extension, after taking into account any Redemptions.

If the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal are not approved, Swiftmerge will (i) cease all operations except for the purpose of winding up; (ii) as promptly as reasonably possible but not more than ten (10) business days thereafter subject to lawfully available funds therefor, redeem 100% of the Public Shares in consideration of a per-share price, payable in cash, equal to the quotient obtained by dividing (A) the aggregate amount then on deposit in the Trust Account, including any interest earned on the funds held in the Trust Account (net of interest that may be used to pay Swiftmerge’s taxes payable and up to $100,000 for dissolution expenses), by (B) the total number of then issued and outstanding Public Shares, which redemption will completely extinguish rights of the holders of Public Shares (including the right to receive further liquidating distributions, if any), subject to applicable law; and (iii) as promptly as reasonably possible following such redemption, subject to the approval of Swiftmerge’s remaining shareholders and the Board in accordance with applicable law, dissolve and liquidate, subject in the case of clauses (ii) and (iii) above to Swiftmerge’s obligations under the Companies Act, to provide for claims of creditors and other requirements of applicable law.

To exercise your redemption rights, you must tender your Public Shares to Swiftmerge’s transfer agent at least two (2) business days, which is March 11, 2024, prior to the Extraordinary General Meeting. You may tender your Public Shares by either delivering your share certificate to the transfer agent or by delivering your shares electronically using the Depository Trust Company’s (“DTC”) Deposit/Withdrawal At Custodian (“DWAC”) system. If you hold your Public Shares in street name, you will need to instruct your bank, broker or other nominee to withdraw the Public Shares from your account in order to exercise your redemption rights.

Subject to the foregoing, the approval of the Extension Amendment Proposal and the NTA Requirement Amendment Proposal requires a special resolution under the Companies Act, being the affirmative vote of at least two-thirds (2/3) of such holders of the issued and outstanding Public Shares and the Founder Shares, as, being entitled to do so, vote in person or by proxy at the Extraordinary General Meeting or any adjournment thereof. The Public Shares and the Founder Shares are together referred to as the Ordinary Shares.

Approval of the Trust Agreement Amendment Proposal requires an ordinary resolution under the Companies Act and, pursuant to the Trust Agreement, requires the affirmative vote of at least sixty-five percent (65%) of the votes cast by the holders of the issued and outstanding Public Shares and Founder Shares, present in person or represented by proxy at the Extraordinary General Meeting or any adjournment thereof and entitled to vote on such matter.

Approval of the Adjournment Proposal requires an ordinary resolution under the Companies Act, being the affirmative vote of a simple majority of the votes cast by the holders of the issued and outstanding Public Shares and Founder Shares, present in person or represented by proxy at the Extraordinary General Meeting or any

adjournment thereof and entitled to vote on such matter. The Adjournment Proposal will only be put forth for a vote if there are not sufficient votes to approve the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal at the Extraordinary General Meeting.

Record holders of Public Shares and Founder Shares at the close of business on February 26, 2024 (the “Record Date”) are entitled to vote or have their votes cast at the Extraordinary General Meeting. On the record date of the Extraordinary General Meeting, there were 7,871,910 ordinary shares outstanding, of which 5,621,910 were Class A ordinary shares and 2,250,000 were Class B ordinary shares. Swiftmerge’s warrants do not have voting rights.

This proxy statement contains important information about the Extraordinary General Meeting, the Extension Amendment Proposal, the Trust Agreement Amendment Proposal, the NTA Requirement Amendment Proposal and the Adjournment Proposal. Whether or not you plan to attend the Extraordinary General Meeting, Swiftmerge urges you to read this material carefully and vote your shares.

This proxy statement is dated March 4, 2024 and is first being mailed to shareholders on or about that date.

By Order of the Board of Directors of Swiftmerge Acquisition Corp.

TABLE OF CONTENTS

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Some of the statements contained in this proxy statement constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. Forward-looking statements reflect Swiftmerge’s current views with respect to, among other things, Swiftmerge’s capital resources and results of operations. Likewise, Swiftmerge’s financial statements and all of Swiftmerge’s statements regarding market conditions and results of operations are forward-looking statements. In some cases, you can identify these forward-looking statements by the use of terminology such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words or phrases.

The forward-looking statements contained in this proxy statement reflect Swiftmerge’s current views about future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause its actual results to differ significantly from those expressed in any forward-looking statement. Swiftmerge does not guarantee that the transactions and events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements:

While forward-looking statements reflect Swiftmerge’s good faith beliefs, they are not guarantees of future performance. Swiftmerge disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this proxy statement, except as required by applicable law. For a further discussion of these and other factors that could cause Swiftmerge’s future results, performance or transactions to differ significantly from those expressed in any forward-looking statement, please see the section entitled “Risk Factors” in Swiftmerge’s final prospectus filed with the SEC on December 17, 2021 in connection with Swiftmerge’s initial public offering, as amended by other reports Swiftmerge filed with the SEC, including our annual report on Form 10-K for the year ended December 31, 2022, filed with the SEC on April 21, 2023. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Swiftmerge (or to third parties making the forward-looking statements).

1

QUESTIONS AND ANSWERS ABOUT THE EXTRAORDINARY GENERAL MEETING

Swiftmerge believes that it is in the best interests of Swiftmerge shareholders to continue Swiftmerge’s existence until the Extended Date, if necessary, in order to allow Swiftmerge additional time to complete a Business Combination and is therefore holding this Extraordinary General Meeting. Swiftmerge intends to hold a Business Combination Extraordinary General Meeting to approve a Business Combination at a future date.

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If the Extension is implemented and one or more Swiftmerge shareholders elect to redeem their Public Shares pursuant to the Redemption, Swiftmerge will remove from the Trust Account and deliver to the holders of such redeemed Public Shares an amount equal to the pro rata portion of funds available in the Trust Account with respect to such redeemed Public Shares, and retain the remainder of the funds in the Trust Account for Swiftmerge’s use in connection with consummating a Business Combination on or before the Extended Date.

If the Extension Amendment Proposal, the NTA Requirement Amendment Proposal, the Founder Share Amendment Proposal and the Trust Agreement Amendment Proposal are not approved, Swiftmerge will (i) cease all operations except for the purpose of winding up; (ii) as promptly as reasonably possible but not more than ten (10) business days thereafter subject to lawfully available funds therefor, redeem 100% of the Public Shares in consideration of a per-share price, payable in cash, equal to the quotient obtained by dividing (A) the aggregate amount then on deposit in the Trust Account, including any interest earned on the funds held in the Trust Account (net of interest that may be used to pay Swiftmerge’s taxes payable and up to $100,000 for dissolution expenses), by (B) the total number of then issued and outstanding Public Shares, which redemption will completely extinguish rights of the holders of Public Shares (including the right to receive further liquidating distributions, if any), subject to applicable law; and (iii) as promptly as reasonably possible following such redemption, subject to the approval of Swiftmerge’s remaining shareholders and the Board in accordance with applicable law, dissolve and liquidate, subject in the case of clauses (ii) and (iii) above to Swiftmerge’ obligations under the Companies Act, to provide for claims of creditors and other requirements of applicable law.

The initial shareholders waived their rights to participate in any liquidating distribution with respect to the Founder Shares. There will be no distribution from the trust account with respect to Swiftmerge’s warrants, which will expire worthless in the event Swiftmerge dissolves and liquidates the trust account.

The Adjournment Proposal is conditioned on Swiftmerge not obtaining the necessary votes for approving the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal prior to the Extraordinary General Meeting in order to seek additional time to obtain sufficient votes in support of the Extension.

The Board believes that it is in the best interests of Swiftmerge shareholders that the Extension be obtained so that Swiftmerge will have an additional amount of time to consummate a Business Combination. Without the Extension, Swiftmerge will not be able to complete a Business Combination on or before the Termination Date, and would be forced to liquidate.

3

Our Board believes that it is improbable that Swiftmerge will be able to negotiate and complete a Business Combination before March 15, 2024. Accordingly, our Board believes that in order for us to potentially consummate an initial business combination, we will need to obtain the Extension.

Swiftmerge believes that given Swiftmerge’s expenditure of time, effort and money on a Business Combination, circumstances warrant ensuring that Swiftmerge is in the best position possible to consummate a Business Combination and that it is in the best interests of Swiftmerge shareholders that Swiftmerge obtain the Extension. Swiftmerge believes a Business Combination will provide significant benefits to its shareholders.

Swiftmerge’s Articles of Association provide that Swiftmerge will not consummate any business combination unless it (or any successor) has net tangible assets of at least $5,000,001 upon consummation of such business combination. The purpose of the NTA Requirement Amendment is to add an additional basis on which Swiftmerge may rely, as it has since its initial public offering, to be not subject to the “penny stock” rules of the SEC. However, if the Company fails to complete one or more business combinations within 36 months of its IPO, which date is December 17, 2024, it would be in violation of Nasdaq Listing Rule IM-5101-2. In such event, Nasdaq may suspend or delist the Company’s securities and the Company would not be able to rely on being listed on Nasdaq for purposes of not being deemed a “penny stock” issuer. (See “Risk Factors” at page 23)

You are not being asked to vote on a Business Combination at the Extraordinary General Meeting. The vote by Swiftmerge shareholders on a Business Combination will occur at an extraordinary general meeting of Swiftmerge shareholders, to be held on at a later date, and the solicitation of proxies from Swiftmerge shareholders in connection with such separate Business Combination Extraordinary General Meeting, and the related right of Swiftmerge shareholders to redeem in connection with a Business Combination (which is a separate right to redeem in addition to the right to redeem in connection with the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal), will be the subject of a separate proxy statement/prospectus. If you want to ensure your Public Shares are redeemed in the event the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal are implemented, you should elect to “redeem” your Public Shares in connection with the Extraordinary General Meeting.

If the Extension Amendment Proposal, the Trust Agreement Amendment Proposal or the NTA Requirement Amendment Proposal are not approved by Swiftmerge shareholders, Swiftmerge may put the Adjournment Proposal to a vote in order to seek additional time to obtain sufficient votes in support of the proposals. If the Adjournment Proposal is not approved by Swiftmerge shareholders, the Board may not be able to adjourn the Extraordinary General Meeting to a later date or dates in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Extension Amendment Proposal, or the Trust Amendment Proposal (the “Adjournment Proposal”). The Adjournment Proposal will only be presented at the Extraordinary General Meeting if there are not sufficient votes to approve the ExtensionAgreement Amendment Proposal and the TrustNTA Requirement Amendment Proposal.

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Approval of the Trust Agreement Amendment isProposal requires an ordinary resolution under the Companies Act and, pursuant to (i) extend the date on which Continental must liquidate the Trust Account established in connection withAgreement, requires the IPO if the Company has not completed its initial business combination, from June 17, 2023 to March 15, 2024, (ii) allow the Company to maintain any remaining amount in the Trust Account in an interest bearing demand deposit accountaffirmative vote of at a bank and (iii) reflect the fact that the underwriterleast sixty-five percent (65%) of the Company’s IPO agreed to waive its rights to the Deferred Discount (as defined in the Trust Agreement). The Articles provide that we have until June 17, 2023 to complete our initial business combination. While we are engaged in discussions with potential target businesses for our initial business combination, our board of directors (the “board”) currently believes that it is improbable that we will be able to negotiate and complete our initial business combination before June 17, 2023. Accordingly, our board believes that for us to potentially consummate an initial business combination, we will need to obtain the Extension.

Under the current Articles, upon conversion of the Founder Shares to Class A Ordinary Shares, such Class A Ordinary Shares converted from Founder Shares would have been entitled to receive funds from the Trust Account through redemptions or otherwise, except that such have agreed not to be entitled to funds from the Trust Account pursuant to obligations set forth in the letter agreement. The Founder Share Amendment Proposal will amend the Articles to make clear that the Company has the power to issue further Class A Ordinary Shares prior to a Business Combination, but only to the extent that such issuance is in connection with the conversion of the Founder Shares, and will give the Company further flexibility to meet the NASDAQ continued listing requirements, which we believe will be useful in helping us complete our initial business combination.

Approval of the Extension Amendment Proposal and the Trust Amendment Proposal are both a condition to the implementation of the Extension. We are not permitted to redeem our public shares in an amount that would cause our net tangible assets to be less than $5,000,001. Consequently, we will not proceed with the Extension if redemptions of our public shares in connection with the Extension would cause us to have less than $5,000,001 of net tangible assets following approval of the Extension Amendment Proposal and the Trust Amendment Proposal.

In connection with the Extension Amendment Proposal and the Founder Share Amendment Proposal, shareholders may elect to redeem their Class A Ordinary Shares for a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned, dividedvotes cast by the number of then outstanding Class A Ordinary Shares included as part of the units sold in the IPO (including any shares of common stock issued in exchange thereof, the “public shares”), and which election we refer to as the “Election.” An Election can be made regardless of whether such public shareholders vote “FOR” or “AGAINST” the Extension Amendment Proposal, the Trust Amendment Proposal and the Founder Share Amendment Proposal and an Election can also be made by public shareholders who do not vote, or do not instruct their broker or bank how to vote, at the Extraordinary General Meeting. Holders of public shares (the “public shareholders”) may make an Election regardless of whether such public shareholders were holders as of the record date. Public shareholders who do not make the Election would be entitled to have their shares redeemed for cash if we have not completed our initial business combination by the Extended Date. In addition, regardless of whether public shareholders vote “FOR” or “AGAINST” the Extension Amendment Proposal, the Trust Amendment Proposal and the Founder Share Amendment Proposal, or do not vote, or do not instruct their broker or bank how to vote, at the Extraordinary General Meeting, if the Extension is implemented and a public shareholder does not make an Election, they will retain the right to vote on any proposed initial business combination in the future and the right to redeem their public shares at a per-share price, payable in cash, equal to the aggregate amount then on deposit

2

Whether a holderconsummation of public shares votes in favor of or againstsuch business combination (the “NTA Requirement”). If the ExtensionNTA Requirement Amendment Proposal is not approved and there are significant requests for redemption such that the NTA Requirement would be exceeded, the NTA Requirement would prevent the Company from being able to extend the time available to consummate a business combination. The Company believes that the NTA Requirement is not needed. The purpose of such limitation was initially to ensure that the Company did not become subject to the SEC’s “penny stock” rules. Because the Public Shares would not be deemed to be “penny stock” as such securities are listed on a national securities exchange, the Company is presenting the NTA Requirement Amendment to facilitate the consummation of a Business Combination. However, if the Company fails to complete one or more business combinations within 36 months of its IPO, which date is December 17, 2024, it would be in violation of Nasdaq Listing Rule IM-5101-2. In such event, Nasdaq may suspend or delist the TrustCompany’s securities and the Company would not be able to rely on being listed on Nasdaq for purposes of not being deemed a “penny stock” issuer. (See “Risk Factors” at page 23).

If the NTA Requirement Amendment Proposal if such proposals are approved, the holder may, but is not required to, redeem all or a portion of its public sharesapproved and there are significant requests for a per-share price, payable in cash, equal toredemption such that the aggregate amount then on deposit in the Trust Account, including interest earned, divided by the number of then outstanding public shares. We will not proceed with the Extension if redemptions of our public sharesCompany’s net tangible assets would cause us to havebe less than $5,000,001 of net tangible assets following approvalupon the consummation of the Extension Amendment Proposal and the Trust Amendment Proposal.

If holdersBusiness Combination, Swiftmerge’s Articles of public shares do not elect to redeem their public shares, such holders will retain redemption rights in connection with any future initial business combination we may propose. Assuming the Extension Amendment Proposal is approved, we will have until the Extended Date to complete our initial business combination.

In addition,Association would prevent the Company may, no later thanfrom being able to consummate the date that is 24 months following the effective date of its IPO, liquidate the U.S. government treasury obligations or money market funds held in the Trust Account and thereafter maintain the funds in the Trust Account in cash items, which may include interest-bearing demand deposit accounts at banks. Interest on such deposit account is currently approximately 3% per annum, but such deposit account carries a variable rate and the Company cannot assure you that such rate will not decrease or increase significantly. Following such liquidation, the Company may receive minimal interest,Business Combination even if any, on the funds held in the Trust Account, which would reduce the dollar amount our public shareholders would receive upon any redemption or liquidation of the Company.

Finally, on November 7, 2022, the underwriter of our IPO waived any entitlementall other conditions to deferred underwriting fees in connection with our IPO. The Trust Amendment would reflect this by removing references to the Underwriter’s receipt and entitlement to such deferred commissions.

Our board recommends that you vote in favor of the Trust Amendment Proposal.

Q: Why should I vote “FOR” the Founder Share Amendment Proposal?closing are met.

Moreover, voting FOR the Founder Share Amendment Proposal will not affect your right to seek redemption of your public shares in connection with the vote to approve an initial business combination.

Our Board recommends that you vote in favor of the Founder Share Amendment Proposal.

If presented, our boardthe Board unanimously recommends that you vote in favor of the Trust AmendmentAdjournment Proposal.

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Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment.

If the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal are approved, the Adjournment Proposal will not be presented for a vote.

If the Extension Amendment Proposal, or the Trust Agreement Amendment Proposal isand the NTA Requirement Amendment Proposal are not approved and we do not consummate our initial business combination by June 17, 2023, as contemplated by our IPO prospectus and in accordance with our Articles, we will: (1)at the Extraordinary General Meeting or at any adjournment, Swiftmerge will (i) cease all operations except for the purpose of winding up; (2)(ii) as promptly as reasonably possible but not more than ten (10) business days thereafter subject to lawfully available funds therefor, redeem 100% of the public shares, atPublic Shares in consideration of a per-share price, payable in cash, equal to the quotient obtained by dividing (A) the aggregate amount then on deposit in the trust account,Trust Account, including any interest earned on the funds held in the trust account and not previously released to usTrust Account (net of interest that may be used to pay ourSwiftmerge’s taxes if any (lesspayable and up to $100,000 of interest to payfor dissolution expenses) divided, by (B) the total number of the then-outstanding public shares,then issued and outstanding Public Shares, which redemption will completely extinguish public shareholders’ rights as shareholdersof the holders of Public Shares (including the right to receive further liquidationliquidating distributions, if any);, subject to applicable law; and (3)(iii) as promptly as reasonably possible following such redemption, subject to the approval of ourSwiftmerge’s remaining shareholders and our board,the Board in accordance with applicable law, dissolve and liquidate, and dissolve, subject in eachthe case of clauses (ii) and (iii) above to ourSwiftmerge’s obligations under Cayman Islands lawthe Companies Act to provide for claims of creditors and theother requirements of other applicable law.

The Sponsor and the officers, directors and the initial shareholders of Swiftmerge waived their rights to participate in any liquidation distribution with respect to the Founder Shares. There will be no redemption rights or liquidating distributionsdistribution from the Trust Account with respect to ourSwiftmerge’s warrants, which will expire worthless in the event of our winding up. In the event of a liquidation, the holders of our founder shares, including our Sponsor, will not receive any monies held inSwiftmerge dissolves and liquidates the Trust Account as a result of their ownership of the founder shares.Account.

Upon approval of the Extension Amendment Proposal and the Trust Amendment Proposal by the requisite number of votes, the amendments to our Articles that are set forth in Annex A hereto will become effective. We will remain a reporting company under the Securities Exchange Act of 1934 (the “Exchange Act”) and our units, public shares and warrants will remain publicly traded.

If the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the TrustNTA Requirement Amendment Proposal are approved and the Extension is implemented, the removal of the Withdrawal Amount from the Trust Account of the amount equal to the pro rata portion of funds available in the Trust Account with respect to such redeemed Public Shares will reduce the amount remaining in the Trust Account and increase the percentage interest of our ordinary sharesSwiftmerge held by ourSwiftmerge’s officers, directors, the Sponsor our directors and our officers asits affiliates. In addition, the Articles of Association currently provide that Swiftmerge cannot redeem or repurchase Public Shares to the extent such redemption would result in Swiftmerge’s failure to have at least $5,000,001 of net tangible assets upon its consummation of the Extension in accordance with the Articles of Association. As a result, of their ownership ofunless the founder shares.

If the ExtensionNTA Requirement Amendment Proposal and the Trust Amendment Proposal areis approved, but we do not complete our initial business combination by the Extended Date (or, if such date is further extended at a duly called extraordinary general meeting, such later date), we will: (1) cease all operations except for the purpose of winding up; (2) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to us to pay our taxes, if any (less up to $100,000 of interest to pay dissolution expenses) divided by the number of the then-outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any); and (3) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board, liquidate and dissolve, subject in each case to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law.

There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless in the event of our winding up. In the event of a liquidation, the holders of our founder

11

With regard to the SEC’s investment company proposals included in the SPAC Rule Proposals, while the funds in the Trust Account have, since the Company’s initial public offering, been held only within U.S. government securities within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or in an open-ended investment company that holds itself out as a money market fund meeting certain conditions of Rule 2a-7 of the Investment Company Act, as determined by the Company, to mitigate the risk of being viewed as operating as an unregistered investment company (including pursuant to the subjective test of Section 3(a)(1)(A) of the Investment Company Act), we will, on or prior to the 24-month anniversary of the effective date of the registration statement relating to our initial public offering, instruct Continental Stock Transfer & Trust Company, the trustee with respect to the Trust Account, to liquidate the U.S. government securities or money market funds held in the Trust Account and thereafter to hold all funds in the Trust Account in cash until the earlier of consummation of our initial business combination or liquidation. As a result, following such liquidation, we will likely receive minimal interest, if any, on the funds held in the Trust Account, which would reduce the dollar amount our public shareholders would receive upon any redemption or liquidation of the Company.

Please note, however,

You also may revoke your shares were held, not in your name, but rather in an account atproxy by sending a brokerage firm, custodian bank,notice of revocation to Swiftmerge’s Secretary, which must be received by Swiftmerge’s Secretary on or other nominee then you arebefore the beneficial owner of shares held in “street name” and these proxy materials are being forwarded to you by that organization. If your shares are held in street name, and you wish to attendExtraordinary General Meeting. Attending the Extraordinary General Meeting and vote at the Extraordinary General Meeting, you must bring to the Extraordinary General Meeting a legal proxy from the broker, bank or other nominee holdingwill not cause your shares, confirming your beneficial ownership of the shares and giving you the right to vote your shares.

Any shareholder wishing to attend the virtual meeting should register for the meeting by June 5, 2023 (one week prior to the meeting date). To register for the Extraordinary General Meeting, please follow these instructions as applicable to the nature of your ownership of ordinary shares:

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One or more shareholders who together hold not less than a majority of the issued and outstanding shares in Swiftmerge entitled to attend and vote at the Extraordinary General Meeting being individuals present in person or by proxy or if a corporation or other non-natural person by its duly authorized representative or proxy shall be a quorum.

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The Board has also determined that the Trust Agreement Amendment Proposal is in the best interests of Swiftmerge and its shareholders. The Board unanimously recommends that Swiftmerge shareholders vote “FOR” the Trust Agreement Amendment Proposal.

The Board has also determined that the NTA Requirement Amendment Proposal is in the best interests of Swiftmerge and its shareholders. The Board unanimously recommends that Swiftmerge shareholders vote “FOR” the NTA Requirement Amendment Proposal.

Additionally, the Board has determined that the Adjournment Proposal is in the best interests of Swiftmerge and its shareholders. The Board unanimously recommends that Swiftmerge shareholders vote “FOR” the Adjournment Proposal.

Our shareholders

If you hold Units registered in your own name, you must deliver the certificate for such Units to the Trustee with written instructions to separate such Units into Public Shares and public warrants. This must be completed far enough in advance to permit the mailing of the Public Share certificates back to you so that you may then exercise your redemption rights upon the separation of the Public Shares from the Units. See “How do I exercise my redemption rights?” below. The address of the Trustee is listed under the question “Who can help answer my questions?” below.

If a broker, dealer, commercial bank, trust company or other nominee holds your Units, you must instruct such nominee to separate your Units. Your nominee must send written instructions by facsimile to the Trustee. Such written instructions must include the number of Units to be split and the nominee holding such Units. Your nominee must also initiate electronically, using DTC’s DWAC system, a withdrawal of the relevant Units and a deposit of an equal number of Public Shares and public warrants. This must be completed far enough in advance to permit your nominee to exercise your redemption rights upon the separation of the Public Shares from the Units. While this is typically done electronically the same business day, you should allow at least one full business day to accomplish the separation. If you fail to cause your Public Shares to be separated in a timely manner, you will likely not have appraisal rights in connection with the Extension Amendment Proposal, the Trust Amendment Proposal or the Founder Share Amendment Proposal.be able to exercise your Redemption rights.

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Whether or not you plan to attend the Extraordinary General Meeting in person (including by virtual means), we urge you to vote by proxy to ensure your vote is counted. You may submit your proxy by completing, signing, dating and returning the enclosed proxy card in the accompanying pre-addressed postage paid envelope or by following the instructions on the proxy card. You may still attend the Extraordinary General Meeting and vote in person if you have already voted by proxy.

If your ordinary shares are held in “street name” by a broker or other agent, you have the right to direct your broker or other agent on how to vote the shares in your account. You may typically do this via telephone or the internet by following the instructions received by your broker or other agent. You are also invited to attend the Extraordinary General Meeting. However, since you are not the shareholder of record, you may not vote your shares in person at the Extraordinary General Meeting unless you request and obtain a valid proxy from your broker or other agent.

In order to tender your ordinary shares (and/or deliver your share certificate(s) (if any) and other redemption forms) for redemption, you must elect either to physically tender your share certificates to Continental Stock Transfer & Trust Company, the Company’s transfer agent, at Continental Stock Transfer & Trust Company, OneLLC

1 State Street, Plaza, 30th30^th Floor

New York, New York,NY 10004

Attn: SPAC Redemption Team

Email: spacredemptions@continentalstock.com or

In order to tenderexercise your ordinary shares (and/or deliver your share certificate(s) (if any) and other redemption forms) to the transfer agent electronically using The Depository Trust Company’s (“DTC”) DWAC (Deposit/Withdrawal At Custodian) system, which election would likely be determined based on the manner in whichrights, you hold your shares. You should tender your ordinary shares in the manner described abovemust, prior to 5:00 p.m. EasternNew York Time on June 8, 2023March 11, 2024 (two (2) business days before the Extraordinary General Meeting)., (i) submit a written request to the Trustee, that Swiftmerge redeem your Public Shares for cash, and (ii) deliver your shares to the Trustee physically or electronically through DTC. The address of Swiftmerge’s transfer agent is listed under the question “Who can help answer my questions?” below. Swiftmerge requests that any requests for redemption include the identity as to the beneficial owner making such request. Electronic delivery of your shares generally will be faster than delivery of physical share certificates.

A physical share certificate will not be needed if your shares are delivered to Swiftmerge’s transfer agent electronically. In order to obtain a physical share certificate, a shareholder’s broker and/or clearing broker, DTC and Swiftmerge’s transfer agent will need to act to facilitate the request. It is Swiftmerge’s understanding that shareholders should generally allot at least one week to obtain physical certificates from the transfer agent. However, because Swiftmerge does not have any control over this process or over the brokers or DTC, it may take significantly longer than one week to obtain a physical share certificate. If it takes longer than anticipated to obtain a physical certificate, shareholders who wish to redeem their shares may be unable to obtain physical certificates by the deadline for exercising their redemption rights includeand thus will be unable to redeem their shares.

Any demand for redemption, once made, may be withdrawn at any time until the deadline for exercising redemption requests and thereafter, with Swiftmerge’s consent, until the vote is taken with respect to the matters presented at the Extraordinary General Meeting. If you delivered your shares for redemption to the Trustee and decide within the required timeframe not to exercise your redemption rights, you may request that the Trustee return the shares (physically or electronically). Such requests may be made by contacting the Trustee at the phone number or address listed under the question “Who can help answer my questions?”

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Swiftmerge shareholders seeking to exercise their redemption rights, whether they are record holders or hold their shares in “street name” are required to either tender their certificates to the transfer agent prior to the date set forth in this proxy statement, or up to two (2) business days prior to the vote on the proposal to approve the Extension Amendment at the Extraordinary General Meeting, or to deliver their shares to the transfer agent electronically using the DTC’s DWAC system, at such shareholder’s option. The requirement for physical or electronic delivery prior to the Extraordinary General Meeting ensures that a stockholderredeeming shareholder’s election to redeem is irrevocable once the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal are approved.

There is a nominal cost associated with the above-referenced tendering process and the act of certificating the shares or delivering them through the DWAC system. The transfer agent will typically charge a tendering broker a fee and it is in the broker’s discretion whether or not to pass this cost on to the redeeming shareholder. However, this fee would be incurred regardless of whether or not shareholders seeking to exercise redemption rights are required to tender their shares, as the need to deliver shares is a requirement to exercising redemption rights, regardless of the timing of when such delivery must identify itself in writing as a beneficial holder and provide its legal name, phone number, and address in order to validly redeem its public shares.be effectuated.

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To obtain timely delivery, Swiftmerge shareholders must request the materials no later than March 10, 2024, or three (3) business days prior to the date of the Extraordinary General Meeting. You may also obtain additional information about Swiftmerge from documents filed with the SEC by following the instructions in the section entitled “Where You Can Find More Information.”

If you intend to seek redemption of your Public Shares, you will need to send a letter demanding redemption and deliver your Public Shares (either physically or electronically) to the transfer agent on or before 5:00 p.m., New York Time, on March 11, 2024 (two business days before the Extraordinary General Meeting) in accordance with the procedures detailed under the question “How do I exercise my redemption rights?”. If you have questions regarding the certification of your position or tenderingdelivery of your ordinary shares (and/or delivering your share certificate(s) (if any) and other redemption forms),Public Shares, please contact:contact the transfer agent:

Continental Stock Transfer & Trust Company, LLC

One1 State Street, Plaza, 30th30^th Floor

New York, New YorkNY 10004

Attention:Attn: SPAC Redemption Team

Email: spacredemptions@continentalstock.com

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EXTRAORDINARY GENERAL MEETING OF SWIFTMERGE SHAREHOLDERS

This proxy statement is being provided to Swiftmerge shareholders as part of a solicitation of proxies by the Board for use at the Extraordinary General Meeting of Swiftmerge shareholders to be held on March 13, 2024, and at any adjournment thereof. This proxy statement contains important information regarding the Extraordinary General Meeting, the proposals on which you are being asked to vote and information you may find useful in determining how to vote and voting procedures.

This proxy statement is being first mailed on or about March 4, 2024 to all shareholders of record of Swiftmerge as of February 26, 2024, the record date for the Extraordinary General Meeting. Shareholders of record who owned Ordinary Shares or Founder Shares at the close of business on the Record Date are entitled to receive notice of, attend and vote at the Extraordinary General Meeting.

Date, Time and Place of Extraordinary General Meeting

The Extraordinary General Meeting will be held at 3:00 p.m., New York Time, on March 13, 2024 at the offices of Loeb & Loeb, LLP, 345 Park Avenue, New York, NY 10154 and via live webcast by visiting https://www.cstproxyvote.com and entering the voter control number located under the bar card code on your proxy card, voting instruction form or notice included in the proxy materials. The Extraordinary General Meeting may be held at such other date, time and place to which such meeting may be adjourned, to consider and vote on the proposals.

Proposals at the Extraordinary General Meeting

At the Extraordinary General Meeting, Swiftmerge shareholders will consider and vote on the following proposals:

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Voting Power; Record Date

As a shareholder of Swiftmerge, you have a right to vote on certain matters affecting Swiftmerge. The proposals that will be presented at the Extraordinary General Meeting and upon which you are being asked to vote are summarized above and fully set forth in this proxy statement. You will be entitled to vote or direct votes to be cast at the Extraordinary General Meeting if you own Public Shares or Founder Shares at the close of business on February 26, 2024, which is the Record Date for the Extraordinary General Meeting. You are entitled to one (1) vote for each Public Shares or Founder Shares that you own as of the close of business on the Record Date. If your shares are held in “street name” or are in a margin or similar account, you should contact your broker, bank or other nominee to ensure that votes related to the shares you beneficially own are properly counted.

On the record date of the Extraordinary General Meeting, there were 7,871,910 ordinary shares outstanding, of which 5,621,910 were Class A ordinary shares and 2,250,000 were Class B ordinary shares, including 3,375,000 Class A ordinary shares held by the Sponsor which have no redemption rights.

Recommendation of the Board

THE BOARD UNANIMOUSLY RECOMMENDS

THAT YOU VOTE “FOR” EACH OF THESE PROPOSALS

Quorum and Required Vote for Proposals for the Extraordinary General Meeting

The approval of the Extension Amendment Proposal and the NTA Requirement Amendment Proposal requires a special resolution under the Companies Act, being the affirmative vote of at least two-thirds (2/3) of such holders of the issued and outstanding Public Shares and Founder Shares, as, being entitled to do so, vote in person or by proxy at the Extraordinary General Meeting or any adjournment thereof. One or more shareholders who together hold not less than a majority of the issued and outstanding Public Shares and Founder Shares entitled to attend and vote at the Extraordinary General Meeting being individuals present in person or by proxy or if a corporation or other non-natural person by its duly authorized representative or proxy shall be a quorum. The failure to vote, abstentions and broker non-votes will have no effect on the outcome of the Extension Amendment Proposal and the NTA Requirement Amendment Proposal.

Approval of the Trust Agreement Amendment Proposal requires an ordinary resolution under the Companies Act and, pursuant to the Trust Agreement, requires the affirmative vote of at least sixty-five percent (65%) of the votes cast by the holders of the issued and outstanding Public Shares and Founder Shares present in person or represented by proxy at the Extraordinary General Meeting and the Adjournment Proposal requires an ordinary resolution under the Companies Act, being the affirmative vote of a simple majority of the votes cast by the holders of the issued and outstanding Public Shares and Founder Shares present in person or represented by proxy at the Extraordinary General Meeting or any adjournment thereof and entitled to vote on such matter. The failure to vote, abstentions and broker non-votes will have no effect on the outcome of the Trust Agreement Amendment Proposal and Adjournment Proposal.

It is possible that Swiftmerge will not be able to complete its initial business combination on or before the Termination Date, or by the Extended Date if the Extension Amendment Proposal and the Trust Agreement Amendment Proposal are approved. If Swiftmerge fails to complete its initial business combination on or before the Termination Date, or by the Extended Date if the Extension Amendment Proposal and the Trust Agreement Amendment are approved, Swiftmerge will be required to dissolve and liquidate the Trust Account by returning the then remaining funds in such account to the holders of Public Shares.

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Voting Your Shares – Shareholders of Record

If you are an Swiftmerge shareholder of record, you may vote by mail, Internet or telephone. Each Ordinary Share or Founder Share that you own in your name entitles you to one (1) vote on each of the proposals for the Extraordinary General Meeting. Your one (1) or more proxy cards show the number of Public Shares or Founder Shares that you own.

Voting by Mail. You can vote your shares by completing, signing, dating and returning the enclosed proxy card in the postage-paid envelope provided. By signing the proxy card and returning it in the enclosed prepaid and addressed envelope, you are authorizing the individuals named on the proxy card to vote your shares at the Extraordinary General Meeting in the manner you indicate. You are encouraged to sign and return the proxy card even if you plan to attend the Extraordinary General Meeting so that your shares will be voted if you are unable to attend the Extraordinary General Meeting. If you receive more than one proxy card, it is an indication that your shares are held in multiple accounts. Please sign and return all proxy cards to ensure that all of your shares are voted. If you hold your shares in “street name” through a bank, broker or other nominee, you will need to follow the instructions provided to you by your bank, broker or other nominee to ensure that your shares are represented and voted at the Extraordinary General Meeting. If you sign and return the proxy card but do not give instructions on how to vote your shares, your Ordinary Shares will be voted as recommended by the Board. The Board unanimously recommends voting “FOR” the Extension Amendment Proposal, “FOR” the Trust Agreement Amendment Proposal, “FOR” the NTA Requirement Amendment Proposal and “FOR” the Adjournment Proposal. Votes submitted by mail must be received by 5:00 p.m., New York Time, on March 12, 2024.

Voting by Internet. Shareholders who have received a copy of the proxy card by mail may be able to vote over the Internet by visiting https://www.cstproxyvote.com and entering the voter control number included on their proxy card.

Voting by Telephone. Dial toll-free 1-866-894-0536 and follow the instructions. Your telephone vote must be received by 11:59 p.m. New York Time on March 12, 2024 to be counted.

Voting Your Shares — Beneficial Owners

If your shares are registered in the name of your broker, bank or other agent, you are the “beneficial owner” of those shares and those shares are considered as held in “street name.” If you are a beneficial owner of shares registered in the name of your broker, bank or other agent, you should have received a proxy card and voting instructions with these proxy materials from that organization rather than directly from Swiftmerge. Simply complete and mail the proxy card to ensure that your vote is counted. You may alsobe eligible to vote your shares electronically over the Internet or by telephone. A large number of banks and brokerage firms offer Internet and telephone voting. If your bank or brokerage firm does not offer Internet or telephone voting information, please complete and return your proxy card in the self-addressed, postage-paid envelope provided. To vote yourself at the Extraordinary General Meeting, you must first obtain additional information about usa valid legal proxy from documents we file withyour broker, bank or other agent and then register in advance to attend the Securities and Exchange Commission (the “SEC”) by followingExtraordinary General Meeting. Follow the instructions from your broker or bank included with these proxy materials, or contact your broker or bank to request a legal proxy form.

After obtaining a valid legal proxy from your broker, bank or other agent, you must then register to attend the Extraordinary General Meeting by submitting proof of your legal proxy reflecting the number of your shares along with your name and email address to the Trustee. Requests for registration should be directed to Mark Zimkind at mzimkind@continentalstock.com. Written requests can be mailed to:

Continental Stock Transfer & Trust Company, LLC

Attn: SPAC Redemption Team

1 State Street, 30^th Floor

New York, NY 10004

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You will receive a confirmation of your registration by email after Swiftmerge receives your registration materials. You may attend the Extraordinary General Meeting by visiting https://www.cstproxyvote.com and entering the voter control number located under the bar card code on your proxy card, voting instruction form or notice included in the section entitled “Whereproxy materials. You will also need a voter control number included on your proxy card in order to be able to vote your shares or submit questions during the Extraordinary General Meeting. Follow the instructions provided to vote. Swiftmerge encourages you to access the Extraordinary General Meeting prior to the start time leaving ample time for the check in.

Attending the Extraordinary General Meeting

The Extraordinary General Meeting will be held in person at Loeb &Loeb LLP, 345 Park Avenue, New York, NY 10154 at 3:00 p.m. New York Time, on March 13, 2024 and virtually via live webcast on the Internet. You will be able to attend the Extraordinary General Meeting virtually by visiting https://www.cstproxy.com/swiftmergeacquisition/2024 and entering the voter control number located under the bar card code on your proxy card, voting instruction form or notice included in the proxy materials. In order to vote or submit a question during the Extraordinary General Meeting, you will also need the voter control number included on your proxy card. If you do not have the control number, you will be able to listen to the Extraordinary General Meeting only by registering as a guest and you will not be able to vote or submit your questions during the Extraordinary General Meeting.

Revoking Your Proxy

If you give a proxy, you may revoke it at any time before the Extraordinary General Meeting or at the Extraordinary General Meeting by doing any one of the following:

No Additional Matters

The Extraordinary General Meeting has been called only to consider and vote on the approval of the Extension Amendment Proposal, the Trust Agreement Amendment Proposal, the NTA Requirement Amendment Proposal and the Adjournment Proposal. Under the Articles of Association, other than procedural matters incident to the conduct of the Extraordinary General Meeting, no other matters may be considered at the Extraordinary General Meeting if they are not included in this proxy statement, which serves as the notice of the Extraordinary General Meeting.

Swiftmerge intends to hold a Business Combination Extraordinary General Meeting to approve a Business Combination at a future date.

Who Can Find More Information.”Answer Your Questions about Voting

If you have any questions about how to vote or direct a vote in respect of your Ordinary Shares, you may call:

Morrow Sodali LLC

333 Ludlow Street, 5th Floor, South Tower

Stamford, CT 06902

Individuals call toll-free (800) 662-5200

Banks and brokers call (203) 658-9400

IVCP@info.morrowsodali.com

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FORWARD-LOOKING STATEMENTSRedemption Rights

This Proxy Statement contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regardingIn connection with the Company’s financial position, business strategyExtension Amendment Proposal, the Trust Agreement Amendment Proposal and the plansNTA Requirement Amendment Proposal, and objectives of management for future operations. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. They involve known and unknown risks, uncertainties, assumptions and other factors that may causecontingent upon the actual results, performance or achievementseffectiveness of the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal, each holder of Public Shares may seek to redeem its Public Shares for a pro rata portion of the funds available in the Trust Account, less any taxes. If you exercise your Redemption rights, you will be exchanging your Public Shares for cash and will no longer own the shares. However, unless the NTA Requirement Amendment Proposal is approved, Swiftmerge will not proceed with the Extension or the Redemption if Swiftmerge will not have at least $5,000,001 of net tangible assets upon its consummation of the Extension, after taking into account the Redemption.

In order to exercise your Redemption rights you must:

Continental Stock Transfer & Trust Company, LLC

1 State Street, 30^th Floor

New York, NY 10004

Attn: SPAC Redemption Team

Email: spacredemptions@continentalstock.com

and

Shareholders seeking to exercise their redemption rights, whether they are record holders or hold their shares in “street name” are required to either tender their certificates to the transfer agent prior to the date set forth in this proxy statement, or up to two business days prior to the vote on the proposal to approve the Extension Amendment Proposal at the Extraordinary General Meeting, or to deliver their shares to the transfer agent electronically using DTC’s DWAC system, at such shareholder’s option.

Holders of outstanding Units must separate the underlying Public Shares and public warrants prior to exercising redemption rights with respect to the Public Shares. If you hold Units registered in your own name, you must deliver the certificate for such Units to the Trustee, with written instructions to separate such Units into Public Shares and public warrants. This must be completed far enough in advance to permit the mailing of the Public Share certificates back to you so that you may then exercise your redemption rights upon the separation of the Public Shares from the Units.

If a broker, dealer, commercial bank, trust company or other nominee holds your Units, you must instruct such nominee to separate your Units. Your nominee must send written instructions by facsimile to the Trustee. Such written instructions must include the number of Units to be materially different from any future results, performance or achievements expressed or implied by these statements. Such statements can be identified bysplit and the fact that they do not relate strictly to historical or current facts. When used in this Proxy Statement, wordsnominee holding such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean thatUnits. Your nominee must also initiate electronically, using DTC’s DWAC system, a statement is not forward-looking. When the Company discusses its strategies or plans, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, the Company’s management. Actual results and shareholders’ value will be affected by a variety of risks and factors, including, without limitation, international, national and local economic conditions, merger, acquisition and business combination risks, financing risks, geo-political risks, acts of terror or war, and those risk factors described under “Item 1A. Risk Factors”withdrawal of the Company’s Annual Report on Form 10-K filed with the SEC on April 21, 2023, in this Proxy Statementrelevant Units and in other reports the Company files with the SEC. Many of the risks and factors that will determine these results and shareholders’ value are beyond the Company’s ability to control or predict.

All such forward-looking statements speak only as of the date of this Proxy Statement. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. All subsequent written or oral forward-looking statements attributable to us or persons acting on the Company’s behalf are qualified in their entirety by this “Forward-Looking Statements” section.a

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deposit of an equal number of Public Shares and public warrants. This must be completed far enough in advance to permit your nominee to exercise your redemption rights upon the separation of the Public Shares from the Units. While this is typically done electronically on the same business day, you should allow at least one full business day to accomplish the separation. If you fail to cause your Units to be separated in a timely manner, you will likely not be able to exercise your redemption rights.

Each redemption of a Public Share by holders of Public Shares will reduce the amount in the Trust Account, which held marketable securities with a fair value of approximately $24,557,529 as of February 22, 2024. Prior to their exercising Redemption rights, Swiftmerge shareholders should verify the market price of the Public Shares, as shareholders may receive higher proceeds from the sale of their Public Shares in the public market than from exercising their redemption rights if the market price per share is higher than the redemption price. There is no assurance that you will be able to sell your Public Shares in the open market, even if the market price per share is lower than the redemption price stated above, as there may not be sufficient liquidity in the Public Shares when you wish to sell your shares.

If you exercise your Redemption rights, your Public Shares will cease to be outstanding and will only represent the right to receive a pro rata share of the aggregate amount then on deposit in the Trust Account. You will have no right to participate in, or have any interest in, the future growth of Swiftmerge, if any. You will be entitled to receive cash for your Public Shares only if you properly and timely demand redemption.

If the Extension Amendment Proposal is not approved and the Sponsor does not elect to extend the Termination Date by further funding the Trust Account, Swiftmerge will be required to dissolve and liquidate the Trust Account by returning the then remaining funds in such account to the holders of Public Shares and all of Swiftmerge’s warrants will expire worthless.

Your right to redeem in connection with the Extraordinary General Meeting relating to the Extension Amendment Proposal, the Trust Agreement Amendment Proposal, the NTA Requirement Amendment Proposal and the Adjournment Proposal does not affect the right of Swiftmerge shareholders to elect to redeem their Public Shares in connection with a Business Combination, which is a separate and additional redemption right available to Swiftmerge shareholders.

Appraisal Rights

There are no appraisal rights available to Swiftmerge shareholders in connection with the Extension Amendment Proposal, the Trust Agreement Amendment Proposal or the NTA Requirement Amendment Proposal.

Proxy Solicitation Costs

Swiftmerge is soliciting proxies on behalf of the Board. This proxy solicitation is being made by mail, but also may be made by telephone or on the Internet. Swiftmerge has engaged Morrow Sodali LLC to assist in the solicitation of proxies for the Extraordinary General Meeting. Swiftmerge and its directors, officers and employees may also solicit proxies on the Internet. Swiftmerge will ask banks, brokers and other institutions, nominees and fiduciaries to forward this proxy statement and the related proxy materials to their principals and to obtain their authority to execute proxies and voting instructions.

Swiftmerge will bear the entire cost of the proxy solicitation, including the preparation, assembly, printing, mailing and distribution of this proxy statement and the related proxy materials. Swiftmerge will reimburse brokerage firms and other custodians for their reasonable out-of-pocket expenses for forwarding this proxy statement and the related proxy materials to Swiftmerge shareholders. Directors, officers and employees of Swiftmerge who solicit proxies will not be paid any additional compensation for soliciting.

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Interests of the Initial Shareholders

In considering the recommendation of our Board to vote in favor of the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal, shareholders should be aware that, aside from their interests as shareholders, the initial shareholders have interests in a Business Combination that are different from, or in addition to, those of other shareholders generally. These interests include, among other things:

Additionally, if the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal are approved and Swiftmerge consummates an initial business combination, the officers and directors of Swiftmerge may have additional interests as described in the proxy statement/prospectus for such transaction.

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RISK FACTORS

You should consider carefully all of the risks described in our Annual Report on Form 10-K filed filed with the SEC on April 21, 2023 and in the other reports we file with the SEC before making a decision to invest in our securities. Furthermore, if any of the described events occur, our business, financial condition and operating results may be materially adversely affected or we could face liquidation. In that event, the trading price of our securities could decline, and you could lose all or part of your investment. The risks and uncertainties described in our Annual Report on Form 10-K, our our Quarterly Reports on Form 10-Q and and below are not the only ones we face. Additional risks and uncertainties that we are unaware of, or that we currently believe are not material, may also become important factors that adversely affect our business, financial condition and operating results or result in our liquidation.

We cannot assure you that the Extension will enable us to complete a business combination.

Approving the Extension Proposal involves a number of risks. Even if the Extension Proposal is approved, we cannot assure you that a business combination will be consummated prior to the Extended Date. Our ability to consummate any business combination is dependent on a variety of factors, many of which are beyond our control. If the Extension Proposal is approved, we expect to seek shareholder approval of a business combination once definitive documentation is executed with a target business. We are required to offer shareholders the opportunity to redeem shares in connection with the Extension Proposal, and we will be required to offer shareholders redemption rights again in connection with any shareholder vote to approve a business combination. Even if the Extension Proposal or a business combination are approved by our shareholders, it is possible that redemptions will leave us with insufficient cash to consummate a business combination on commercially acceptable terms, or at all. The fact that we will have separate redemption periods in connection with the Extension and a business combination vote could exacerbate these risks. Other than in connection with a redemption offer or liquidation, our shareholders may be unable to recover their investment except through sales of our shares on the open market. The price of our shares may be volatile, and there can be no assurance that shareholders will be able to dispose of our shares at favorable prices, or at all.

The SEC has recently adopted rules to regulate special purpose acquisition companies. Certain of the procedures that we, a potential business combination target, or others may determine to undertake in connection with such proposals may increase our costs and the time needed to complete an initial business combination and may constrain the circumstances under which we could complete a business combination. The need for compliance with the SPAC Rules may cause us to liquidate the funds in the Trust Account or cause us to liquidate at an earlier time than we might otherwise choose.

With respect to the regulation of special purpose acquisition companies (“SPACs”)s, on March 30, 2022, the SEC issued proposed rules, which were adopted in large part in final regulations on January 24, 2024 (the “SPAC Final Rules”), relating to, among other items, disclosures in SEC filings in connection with business combination transactions between SPACs, such as the Company, and private operating companies; the financial statement requirements applicable to transactions involving shell companies; the use of projections in SEC filings in connection with proposed business combination transactions; the potential liability of certain participants in proposed business combination transactions; and the extent to which SPACs could become subject to regulation under the Investment Company Act, including a proposed rule that would provide SPACs a safe harbor from treatment as an investment company if they satisfy certain conditions that limit a SPAC’s duration, asset composition, business purpose and activities. The SPAC Rules may materially adversely affect our business, including our ability to negotiate and complete our initial business combination and may increase the costs and time related thereto.

If we were to be deemed to be an investment company for purposes of the Investment Company Act (as defined below), in which case we would be required to institute burdensome compliance requirements and our

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activities would be severely restricted. As a result, in such circumstances, unless we were able to modify our activities so that we would not be deemed an investment company, we may be forced to abandon our efforts to complete an initial business combination and instead be required to liquidate the Company. To avoid that result, on or shortly prior to the 18-month anniversary of the effective date of the registration statement relating to our initial public offering, we will liquidate the securities held in the Trust Account and instead hold all funds in the Trust Account in cash. As a result, following such liquidation, we will likely receive minimal interest, if any, on the funds held in the Trust Account, which would reduce the dollar amount that our public shareholders would receive upon any redemption or liquidation of the Company.

On March 30, 2022,The SPAC Final Rules adopted on January 24, 2024 by the SEC, issued proposed rules (the “SPAC Rule Proposals”), relating to, among other things, circumstances inthe others, the extent to which special purpose acquisition companies (“SPACs”) such as usSPACs could potentially bebecome subject to regulation under the Investment Company Act. The SPAC Final Rules provide that whether a SPAC is an investment company subject to the Investment Company Act is based on particular facts and circumstances. A specific duration period of a SPAC is not the sole determinant, but one of the long-standing factors to consider in determination of a SPAC’s status under the Investment Company Act. A SPAC could be deemed as an investment company at any stage of its operation. The determination of a SPAC’s status as an investment company includes analysis of a SPAC’s activities, depending upon the facts and circumstances, including but not limited to, the nature of SPAC assets and income, the activities of a SPAC’s officers, directors and employees, the duration of a SPAC, the manner a SPAC holding itself out to investors, and the regulations thereunder.merging with an investment company. The SPAC Final Rules will become effective 125 days after publication in the Federal Register. As of the date hereof, the SPAC Final Rules have not been published in the Federal Register yet.

Since the consummation of its IPO, the Company has deposited the proceeds of its IPO and sales of Private Placement Warrants in connection with the IPO (including proceeds of the full exercise of over-allotment options and the sales of Private Placement Warrants in connection with such exercise), net of certain expenses and working capital, into the Trust Account to invest in U.S. government securities with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule Proposals would provide a safe harbor for such companies from the definition of “investment company”2a-7 under Section 3(a)(1)(A) of the Investment Company Act provided that a SPAC satisfies certain criteria. To comply with the duration limitation of the proposed safe harbor, a SPAC would have a limited time period to announce and complete a de-SPAC transaction. Specifically, to comply with the safe harbor, the SPAC Rule Proposals would require a SPAC to file a report on Form 8-K announcing that it has entered into an agreement with a target company for an initial business combination no later than 18 months after the effective date of the registration statement relating to the SPAC’s initial public offering. Such SPAC would then be required to complete its initial business combination no later than 24 months after the effective date of the registration statement relating to its initial public offering.

There is currently uncertainty concerning the applicability of the Investment Company Act to a SPAC, including a company like ours, that has not entered into a definitive agreement within 18 months after the

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transactions and empowered CFIUS to scrutinize more closely investments in U.S. assets. Under the CFIUS regulations, foreign investors may be required to make mandatory filings and pay filing fees related to such filings. Also, CFIUS has the authority to self-initiate national security reviews of foreign direct and indirect investments in U.S. businesses if the parties to that investment choose not to file voluntarily or at the request of CFIUS. If CFIUS determines an investment to be a threat to national security, CFIUS has the authority to impose limitations, conditions, or restrictions on, or prohibit investments subject to its jurisdiction. Whether CFIUS has jurisdiction to review an acquisition or investment transaction depends on, among other factors, the nature and structure of the transaction, including the level of beneficial ownership interest and the nature of any information or governance rights involved. For example, investments that result in “control” of a U.S. business by a foreign

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required to complete an initial business combination by December 17, 2024 pursuant to the Listing Rule (the “Nasdaq Deadline”). If the Extension Amendment is approved and the Board exercises its right to extend the life of the Company past December 17, 2024, such extension would extend the life of the Company past the Nasdaq Deadline. The Listing Rule also provides that failure to comply with this requirement will result in the Listing Qualifications Department issuing a Staff Delisting Determination under Rule 5810 to delist the Company’s securities. We cannot assure you that Nasdaq will not suspend or delist the Company’s securities in the event the Extension Amendment Proposal is approved and the Extension Amendment is implemented and the Company does not complete one or more business combinations by the Nasdaq Deadline. Upon receipt of any such delisting letter, the Company will have the option to appeal Nasdaq’s determination. To the extent that the Company receives a delisting letter, the Company intends to appeal the Nasdaq delisting in order to permit the continued listing of the Company on Nasdaq so that the Company can consummate an initial business combination by the Extended Date. We cannot assure you that any such appeal or hearing will be successful. In the event the Company is not successful in its appeal and is delisted from Nasdaq, the only established trading market for its securities would be eliminated and the Company would seek to have its securities quoted on an over-the-counter market.

If this were to occur, we could face significant material adverse consequences, including:

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BACKGROUND

We are a blank check company incorporated on February 3, 2021 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

On December 17, 2021, we consummated the IPO of 20,000,000 units (the “units” and, with respect to the Class A Ordinary Shares included in the units being offered, the “Public Shares”) at $10.00 per unit, generating gross proceeds of approximately $200 million. On January 18, 2022, the underwriter partially exercised its over-allotment option (the “Over-Allotment Option”), resulting in 2,500,000 additional units being sold at $10.00 per unit, generating gross proceeds of approximately $25 million. Simultaneously with the closing of the IPO, we consummated the private placement of 8,600,000 private placement warrants (each, a “Private Placement Warrant”), at a price of $1.00 per Private Placement Warrant with the Sponsor and the anchor investors (the “Anchor Investors”), generating gross proceeds of approximately $8.6 million. On January 18, 2022, following the underwriter’s exercise of the Over-Allotment Option, the Sponsor purchased from the Company an additional 750,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant. The Private Placement Warrants are identical to the warrants sold as part of the units in the IPO except that, so long as they are held by our Sponsor or its permitted transferees: (1) they will not be redeemable by us; (2) they (including the Class A Ordinary Shares issuable upon exercise of these warrants) may not, subject to certain limited exceptions, be transferred, assigned or sold by our Sponsor until 30 days after the completion of our initial business combination; (3) they may be exercised by the holders on a cashless basis; and (4) they (including the ordinary shares issuable upon exercise of these warrants) are entitled to registration rights.

Following the closing of the IPO, a total of $227,200,000, from the net proceeds of the sale of the units in the IPO and the private placement warrants was placed in the Trust Account. The proceeds held in the Trust Account may be invested by the trustee only in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act of 1940, with a maturity of 185 days or less, or in any open-ended investment company that holds itself out as a money market fund meeting certain conditions of Rule 2a-7 of of the Investment Company Act of 1940, as determined by the Company. As of May 12, 2023, funds held in the Trust Account totaled approximately $234,159,260, and were held in a money market fund invested in U.S. treasury bills. However, to mitigate the risk of being viewed as operating as an unregistered investment company (including pursuant to the subjective test of Section 3(a)(1)(A) of the Investment Company Act of 1940), we will, on or prior to the 24-month anniversary anniversary of the effective date of the registration statement relating to our initial public offering, instruct Continental Stock Transfer & Trust Company, the trustee with respect to the Trust Account, to liquidate the U.S. government securities or money market funds held in the Trust Account and thereafter to hold all funds in the Trust Account in cash until the earlier of consummation of our initial business combination or liquidation. As a result, following such liquidation, we will likely receive minimal interest, if any, on the funds held in the Trust Account, which would reduce the dollar amount our public shareholders would receive upon any redemption or liquidation of the Company.

In November 2022, the Company obtained a waiver (the “Waiver Letter) from the underwriter that waived all rights to the deferred underwriting commissions payable to the underwriter at the closing of the Company’s initial Business Combination. On June 15, 2023, the Company reconvened an extraordinary general meeting of the Company which had been adjourned from June 12, 2023 (the “2023 Meeting”). At the 2023 Meeting, the shareholders of the Company approved an amendment of the “Trust Agreement, by and between the Company and Continental Share Transfer & Trust Company, to change the date on which Continental must commence liquidation of the Trust Account to the earliest of (i) the Company’s completion of an initial Business Combination and (ii) March 15, 2024. At the 2023 Meeting, the Company’s shareholders approved a proposal to amend the Company’s Amended and Restated Memorandum and Articles of Association to provide the Company with the right to extend the date by which the Company must consummate its initial Business Combination from June 17, 2023 to March 15, 2024.

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In connection with the shareholders’ vote at the 2023 Meeting, the holders of 20,253,090 Class A Ordinary Shares properly exercised their right to redeem their shares for cash at a redemption price of approximately $10.40 per share, for an aggregate redemption amount of approximately $211,918,104.

Immediately following the approval of the proposals at the 2023 Meeting, the Sponsor, as the holder of 3,375,000 Class B Ordinary Shares, converted all 3,375,000 of such shares into the same number of Class A Ordinary Shares. The Sponsor held Class A Ordinary Shares do not contain a redemption right. As a result of the redemptions described above and the conversion of the Sponsor’s Class B Ordinary Shares, there are an aggregate of 5,621,910 Class A Ordinary Shares outstanding.

Our Sponsor, directors and officers have interests in the proposals that may be different from, or in addition to, your interests as a shareholder. These interests include, among other things, direct or indirect ownership of founder shares and warrants that may become exercisable in the future and advances that will not be repaid in the event of our winding up and the possibility of future compensatory arrangements. See the section entitled “The Extraordinary General Meeting — Interests of our Sponsor, Directors and Officers.”

On the record date of the Extraordinary General Meeting, there were 28,150,000 ordinary shares outstanding, of which 22,500,000 were public shares and 5,650,000 were founder shares. The founder sharesFounder Shares carry voting rights in connection with the Extension Amendment Proposal, the Trust Amendment Proposal, the Founder ShareNTA Requirement Amendment Proposal and the Adjournment Proposal, and we have been informed by our Sponsor, which holds 3,375,000 founder shares,Founder Shares, that it intends to vote in favor of the Extension Amendment Proposal, the Trust Amendment Proposal, the Founder ShareNTA Requirement Amendment Proposal and the Adjournment Proposal.

On the Record Date of for the Extraordinary General Meeting, there were 7,871,910 ordinary shares outstanding, of which 5,621,910 were Class A ordinary shares and 2,250,000 were Class B ordinary shares, including 3,375,000 Class A ordinary shares held by the Sponsor that were converted from Class B ordinary shares in June 2023 which have no redemption rights.

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PROPOSAL NO. 1 – THE EXTENSION AMENDMENT AND THE TRUST AMENDMENT PROPOSALSPROPOSAL

The Extension Amendment ProposalOverview

We areSwiftmerge is proposing to amend, ourby special resolution, its Articles of Association to extend the date by which we have toSwiftmerge must consummate a business combination to the Extended Date.Date so as to give Swiftmerge additional time to complete a Business Combination. The text of the proposed special resolution is set forth as the first resolution in Annex A to this proxy statement.

The approvalBoard believes that it is in the best interests of bothSwiftmerge shareholders that the Extension Amendment Proposalbe obtained so that Swiftmerge will have an additional amount of time, if needed, to consummate a Business Combination. Without the Extension, Swiftmerge will not be able to complete a Business Combination on or before the Termination Date, and would be forced to liquidate. Swiftmerge intends to hold a Business Combination Extraordinary General Meeting at a future date to approve a Business Combination.

Articles of Association

Swiftmerge believes that given Swiftmerge’s expenditure of time, effort and money on a Business Combination, circumstances warrant ensuring that Swiftmerge is in the Trust Amendment Proposal are essentialbest position possible to consummate a Business Combination and that it is in the implementationbest interests of our board’s planSwiftmerge shareholders that Swiftmerge obtain the Extension. Swiftmerge believes a Business Combination will provide significant benefits to extendits shareholders.

As contemplated by the date by which we must consummate our initial business combination. ApprovalArticles of Association, the holders of the Extension Amendment Proposal and the Trust Amendment Proposal are bothPublic Shares may elect to redeem all or a condition to the implementationportion of the Extension.

If the Extension Amendment Proposal or the Trust Amendment Proposal is not approved and we have not consummated a business combination by June 17, 2023, we will: (1) cease all operations excepttheir Public Shares in exchange for the purposetheir pro rata portion of winding up; (2) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trustTrust Account if the Extension is implemented. However, unless the NTA Requirement Amendment Proposal is approved, Swiftmerge will not proceed with the Extension or the Redemption if Swiftmerge will not have at least $5,000,001 of net tangible assets upon its consummation of the Extension, after taking into account andany Redemptions. You may elect to redeem your Public Shares in connection with the Extraordinary General Meeting.

On February 22, 2024, the redemption price per Public Share was approximately $10.92 (which is expected to be the same approximate amount two (2) business days prior to the Extraordinary General Meeting), based on the aggregate amount on deposit in the Trust Account of approximately $24,557,529 as of February 22, 2024 (including interest not previously released to usSwiftmerge to pay our taxes, if any (less up to $100,000 of interest to pay dissolution expenses)its taxes), divided by the total number of then issued and outstanding Public Shares. The closing price of the then-outstanding public shares, whichPublic Shares on Nasdaq Capital Market on February 22, 2024 was $10.99 per share. Accordingly, if the market price of the Public Shares were to remain the same until the date of the Extraordinary General Meeting, exercising redemption rights would result in a holder of Public Shares receiving approximately $0.07 less per share than if the Public Shares were sold in the open market. Swiftmerge cannot assure shareholders that they will completely extinguish public shareholders’ rightsbe able to sell their Public Shares in the open market, even if the market price per Public Share is lower than the redemption price stated above, as there may not be sufficient liquidity in its securities when such shareholders (including the rightwish to receive further liquidation distributions, if any); and (3) as promptly as reasonably possible followingsell their shares. Swiftmerge believes that such redemption subject to the approval of our remaining shareholders and our board, liquidate and dissolve, subject in each case to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless in the event of our winding up. In the event of a liquidation, theright enables its holders of our founder shares, including our Sponsor, willPublic Shares to determine whether to sustain their investments for an additional period if Swiftmerge does not receive any monies held incomplete a Business Combination on or before the Trust Account as a result of their ownership of the founder shares.Termination Date.

The purpose ofReasons for the Extension Amendment Proposal

Swiftmerge has determined that there will not be sufficient time before March 15, 2024 (its current termination date) to hold an Extraordinary General Meeting to obtain the requisite shareholder approval of, and to consummate, a Business Combination.

The Articles of Association currently provide that Swiftmerge has until the Trust Amendment isTermination Date to allow us more time to enter into and complete an initial business combination, which our board believes is in combination. Swiftmerge and its officers and directors agreed that they would not seek to amend

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the best interestArticles of our shareholders. The Articles provide that we have until June 17, 2023Association to allow for a longer period of time to complete our initial business combination. While we are engaged in discussions with potential target businesses for our initiala business combination our board currentlyunless Swiftmerge provided holders of its Public Shares with the right to seek redemption of their Public Shares in connection therewith. Without the Extension, Swiftmerge will not be able to complete a Business Combination on or before the Termination Date and would be forced to liquidate.

Our Board believes that it is improbable that weSwiftmerge will be able to negotiate and complete our initial business combinationa Business Combination before June 17, 2023.March 15, 2024. Accordingly, our boardBoard believes that in order for us to potentially consummate an initial business combination, we will need to obtain the Extension.

The full textExtension Amendment Proposal is essential to allowing Swiftmerge additional time to consummate a Business Combination. Approval of each of the Extension Amendment Proposal, and the associated amendments to the Articles of the Company is attached in Part 1 of Annex A to this Proxy Statement.

Trust Amendment Proposal

The purpose of the Trust Amendment is to amend the Trust Agreement to (i) extend the date on which Continental must liquidate the Trust Account if we have not completed our initial business combination, from June 17, 2023 to March 15, 2024, (ii) allow the Company to maintain any remaining amount in the Trust Account in an interest bearing demand deposit account at a bank and (iii) reflect the fact that the underwriter of the Company’s IPO agreed to waive its rights to the Deferred Discount (as defined in the Trust Agreement). A copy of the proposed amendments to the Trust Agreement is attached to this Proxy Statement in Annex B.

Reasons for the Extension Amendment Proposal and the Trust Amendment Proposal

Our Articles provide that if our shareholders approve an amendment to our Articles that would affect the substance or timing of our obligation to redeem all of our public shares if we do not complete our initial business combination before June 17, 2023, we will provide our public shareholders with the opportunity to redeem all or

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General Meeting, and the related right of Swiftmerge shareholders to redeem in connection with a Business Combination (which is a separate right to redeem in addition to the right to redeem in connection with the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal), will be the subject of a separate proxy statement/prospectus. If you want to ensure your Public Shares are redeemed in the event the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the NTA Requirement Amendment Proposal are implemented, you should elect to “redeem” your Public Shares in connection with the Extraordinary General Meeting.

Redemption Rights

In connection with the Extension Amendment Proposal and contingent upon the Trust Amendment Proposal are approved andeffectiveness of the implementation of the Extension, is implemented, the removaleach public shareholder may seek to redeem its Public Shares for a pro rata portion of the Withdrawal Amount from the Trust Account in connection with the Election will reduce the amount heldfunds available in the Trust Account, followingless any taxes owed on such funds but not yet paid. If you exercise your redemption rights, you will be exchanging your Public Shares for cash and will no longer own the Election. We cannot predictshares.

However, unless the amount that will remain in the Trust Account if the ExtensionNTA Requirement Amendment Proposal and the Trust Amendment Proposal areis approved, and the amount remaining in the Trust Account may be only a small fraction of the approximately $234,159,260 that was in the Trust Account as of May 12, 2023. In such event, we may need to obtain additional funds to complete our initial business combination, and there can be no assurance that such funds will be available on terms acceptable or at all.

If the Extension Amendment Proposal and the Trust Amendment Proposal are approved but we do not complete our initial business combination by the Extended Date (or, if such date is further extended at a duly called extraordinary general meeting, such later date), we will: (1) cease all operations except for the purpose of winding up; (2) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to us to pay our taxes, if any (less up to $100,000 of interest to pay dissolution expenses) divided by the number of the then-outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any); and (3) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board, liquidate and dissolve, subject in each case to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. We cannot assure you that the per share distribution from the Trust Account, if we liquidate, will not be less than $10.10 due to unforeseen claims of creditors. There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless in the event of our winding up. In the event of a liquidation, the holders of our founder shares, including our Sponsor, will not receive any monies held in the Trust Account as a result of their ownership of the founder shares.

Notwithstanding the foregoing, weSwiftmerge will not proceed with the Extension or the Redemption if redemptions of our public shares would cause us toSwiftmerge does not have less thanat least $5,000,001 of net tangible assets following approvalupon its consummation of the Extension, Amendment Proposal and the Trust Amendment Proposal, and the consequences will be the same as if the Extension Amendment Proposal and the Trust Amendment Proposal were not approved, as described above.

Redemption Rights

If the Extension Amendment Proposal and the Trust Amendment Proposal are approved, and the Extension is implemented, each of our public shareholders may submit an election that, if the Extension is implemented, such public shareholder elects to redeem all or a portion of its public shares at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned, divided by the number of then outstanding public shares. You will also be able to redeem your public shares in connection withafter taking into account any proposed initial business combination or if we have not consummated our initial business combination by the Extended Date.

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you must deliver the certificate for redemption to our transfer agent and decide priorsuch Units to the vote at the Extraordinary General Meeting notTrustee, with written instructions to redeem your shares, you may request that our transfer agent return the shares (physically or electronically). You may makeseparate such request by contacting our transfer agent at the address listed above. Any request for redemption, once made by a holder ofUnits into Public Shares and public ordinary shares, may notwarrants. This must be withdrawn once submitted to us unless our board determines (in its sole discretion)completed far enough in advance to permit the withdrawalmailing of the Public Share certificates back to you so that you may then exercise your redemption rights upon the separation of the Public Shares from the Units.

If a broker, dealer, commercial bank, trust company or other nominee holds your Units, you must instruct such redemption request (which they may do in whole or in part). In the event that a public shareholder tenders shares and the Extension Amendment Proposal and the Trust Amendment Proposal are not approved, these shares will not be redeemed and the physical certificates representing these shares will be returnednominee to separate your Units. Your nominee must send written instructions by facsimile to the shareholder promptly following the

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Requirement Amendment Proposal. This means that if one proposal is approved by the shareholders and the other proposal is not, neither proposal will take effect. Additionally, we

Resolution

The full text of the proposed special resolution to be put to shareholders to consider and vote upon at the Extraordinary General Meeting in relation to the Extension Amendment Proposal and the associated amendments to the Amended and Restated Memorandum and Articles of Association of the Company is set forth as the first resolution in Annex A to this proxy statement

Recommendation of the Board

THE BOARD UNANIMOUSLY RECOMMENDS THAT SWIFTMERGE SHAREHOLDERS VOTE “FOR” THE EXTENSION AMENDMENT PROPOSAL.

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PROPOSAL NO. 2—THE TRUST AGREEMENT AMENDMENT

Overview

The proposed Trust Agreement Amendment would amend our existing Investment Management Trust Agreement (the “Trust Agreement”), dated as of December 17, 2021 and as amended on June 15, 2023, by and between the Company and Continental Stock Transfer & Trust Company (the “Trustee”), to extend the Termination Date from March 15, 2024 to June 17, 2025, the Extended Date (the “Trust Agreement Amendment”). A copy of the proposed Trust Agreement Amendment is attached to this proxy statement as Annex B. All shareholders are encouraged to read the proposed amendment in its entirety for a more complete description of its terms.

Reasons for the Trust Agreement Amendment

The purpose of the Trust Agreement Amendment is to extend the Termination Date from March 15, 2024 to June 17, 2025, the Extended Date.

The Articles of Association and Trust Agreement currently provide that the Company has until March 15, 2024 (i.e., 27 months after the consummation of the IPO) to consummate a Business Combination (the “Termination Date”). The only way to extend the Termination Date after March 15, 2024 is with a separate shareholder vote under the Articles of Association and the Trust Agreement at an extraordinary general meeting.

Swiftmerge has determined that there will not be sufficient time before March 15, 2024 (its current termination date) to hold an Extraordinary General Meeting to obtain the requisite shareholder approval of, and to consummate, a Business Combination.

The Trust Agreement Amendment Proposal is essential to allowing Swiftmerge additional time to consummate a Business Combination. Approval of each of the Extension Amendment Proposal, the NTA Requirement Amendment Proposal and the Trust Agreement Amendment Proposal is a condition to the implementation of the Extension.

Unless the NTA Requirement Amendment Proposal is approved, Swiftmerge will not proceed with the Extension or the Redemption if redemptions of our public shares would cause us toSwiftmerge does not have less thanat least $5,000,001 of net tangible assets following approvalupon its consummation of the Extension, after taking into account any Redemptions.

If the Trust Agreement Amendment Is Not Approved

If the Trust Agreement Amendment is not approved, we will be required to dissolve and liquidate our Trust Account by returning the then remaining funds in such account to the holders of Public Shares and our warrants to purchase Class A Ordinary Shares will expire worthless.

The initial shareholders have waived their rights to participate in any liquidation distribution with respect to their Founder Shares and the Class A Ordinary Shares underlying the private placement warrants. There will be no distribution from the Trust Account with respect to the Company’s warrants, which will expire worthless in the event we wind up. The Company will pay the costs of liquidation from its remaining assets outside of the Trust Account, except to the extent provided under the Trust Agreement.

The Trust Agreement Amendment Proposal will not be effective if our shareholders do not approve the Extension Amendment Proposal and the TrustNTA Requirement Amendment Proposal.

In addition, subject to applicable securities laws (including with respect to material nonpublic information),If the Sponsor, the Company’s directors, officers, advisors or any of their respective affiliates may (i) purchase public shares from institutional and other investors (including those who vote, or indicate an intention to vote, against any of the proposals presented at the Extraordinary General Meeting, or elect to redeem, or indicate anTrust Agreement Amendment Is Approved

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connection with our liquidation if we do not complete an initial business combination by the requisite number of votes.

If such transactions are effected,applicable termination date. The Company will then continue to attempt to consummate a business combination until the consequence couldapplicable termination date or until the Board determines in its sole discretion that it will not be able to cause the Extension Amendment and Trust Amendment to be effectuated in circumstances where such effectuation could not otherwise occur. Consistent with the Securities and Exchange Commission (the “SEC”) guidance, purchases of sharesconsummate an initial business combination by the personsapplicable termination date as described above wouldbelow and does not be permittedwish to be voted forseek an additional extension.

Required Vote

Subject to the Extension Amendment and Trust Amendmentforegoing, the affirmative vote of at the Extraordinary General Meeting and could decrease the chances that the Extension Amendment and Trust Amendment would be approved. In addition, if such purchases are made, the public “float”least sixty-five percent (65%) of our securities and the number of beneficial holders of our securities may be reduced, possibly making it difficult to maintain or obtain the quotation, listing or trading of our securities on a national securities exchange.

The Company hereby represents that any Company securities purchased by the Sponsor, the Company’s directors, officers, advisors or any of their respective affiliates in situations in whichissued and outstanding ordinary shares, including the tender offer rules restrictions on purchases would apply wouldFounder Shares, will be required to approve the Trust Agreement Amendment Proposal. Our Board will abandon and not be voted in favor of approvingimplement the Trust Agreement Amendment Proposal unless our shareholders approve the Extension Amendment Proposal and the TrustNTA Requirement Amendment Proposal. This means that if one proposal is approved by the shareholders and the other proposal is not, none of the proposals will take effect.

Our Sponsor, directors, officers, advisors and their affiliates willResolution

The resolution to be restricted from making any such purchases when they are in possession of any material non-public information not disclosedput to the seller or during a restricted period under Regulation M undershareholders to consider and to vote upon at the Exchange Act.Extraordinary General Meeting in relation to Trust Agreement Amendment Proposal is as follows:

Interests“RESOLVED, AS A SPECIAL RESOLUTION, THAT subject to and conditional upon: (a) the effectiveness of our Sponsor, Directorsthe special resolution to amend the Amended and Officers

When you considerRestated Articles of Association of the recommendation of our board, you should keep in mind that our Sponsor, directors and officers have interests that may be different from, or in additionCompany with respect to your interests as a shareholder. These interests include, among other things, the interests listed below:

PROPOSAL NO. 3: THE NTA REQUIREMENT AMENDMENT

Overview

This is a proposal to amend, by special resolution, the Articles of Association to expand the methods that Swiftmerge may employ to not become subject to the “penny stock” rules of the Securities and Exchange Commission by removing the net tangible asset requirement therein.

However, if the Company fails to complete one or more business combinations within 36 months of its IPO, which date is December 17, 2024, it would be in violation of Nasdaq Listing Rule IM-5101-2. In such event, Nasdaq may suspend or delist the Company’s securities and the TrustCompany would not be able to rely on being listed on Nasdaq for purposes of not being deemed a “penny stock” issuer. (See “Risk Factors” at page 23).

All shareholders are encouraged to read the proposed NTA Requirement Amendment Proposal are approved by the requisite number of votes (or, if such date is further extended atin its entirety for a duly called extraordinary general meeting, such later date), we would: (1) cease all operations except for the purpose of winding up; (2) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the

partnership, syndicate, or other group for the purposes of acquiring, holding, or disposing of Shares may exercise this redemption right with respect to more than 15 per cent of the Public Shares in the aggregate without the prior consent of the Company and provided further that any beneficial holder of Public Shares on whose behalf a redemption right is being exercised must identify itself to the implementation of the Extension Amendment Proposal.

We believe that it isCompany in the best interests of our shareholders to extend the date that we have to consummate a business combination to the Extended Dateconnection with any redemption election in order to allow usvalidly redeem such Public Shares. If so demanded, the Company shall pay any such redeeming Member, regardless of whether he is voting for or against such proposed Business Combination, a per-Share redemption price payable in cash, equal to enter intothe aggregate amount then on deposit in the Trust Account calculated as of two business days prior to the consummation of the Business Combination, including interest earned on the Trust Account (such interest shall be net of taxes payable) and not previously released to the Company to pay its taxes, divided by the number of then issued Public Shares (such redemption price being referred to herein as the “Redemption Price”), but only in the event that the applicable proposed Business Combination is approved and consummated. The Company shall not redeem Public Shares that would cause the Company’s net tangible assets to be less than US$5,000,001 following such redemptions (the “Redemption Limitation”).”

The Company is proposing that Article 49.5 be amended by the deletion of the words: “ The Company shall not redeem Public Shares thatwouldcausetheCompany’snettangibleassetstobelessthanUS$5,000,001followingsuch redemptions(the“RedemptionLimitation”).”

The purpose of these Articles was to ensure that, in connection with its initial business combination, Swiftmerge would continue, as it has since the IPO, to be not subject to the “penny stock” rules of the SEC, and therefore not a “blank check company” as defined under Rule 419 of the Securities Act because it complied with Rule 3a51-1(g)(1) (the “NTA Rule”).

Swiftmerge is proposing to amend its Articles of Association to remove the NTA Requirement in order to expand the methods that Swiftmerge may employ to not become subject to the “penny stock” rules. The NTA Rule is one of several exclusions from the “penny stock” rules of the SEC and Swiftmerge believes that it may rely on another exclusion, which relates to it being listed on The Nasdaq Stock Market (Rule 3a51-1(a)(2)) (the “Exchange Rule”). Therefore, so long as the Company is not delisted from The Nasdaq Stock Market, Swiftmerge intends to rely on the Exchange Rule to not be deemed a penny stock issuer.

Rule 419 blank check companies and “penny stock” issuers

As disclosed in Swiftmerge’s IPO prospectus, because the net proceeds of the IPO were to be used to complete an initial business combination our shareholderswith a target business that had not been selected at the time of the IPO, Swiftmerge may be deemed to then evaluatebe a “blank check company.” Under Rule 419 of the Securities Act the term “blank check company” means a company that (i) is a development stage company that has no specific business plan or purpose or has indicated that its business plan is to engage in a merger or acquisition with an unidentified company or companies, or other entity or person; and (ii) is issuing “penny stock,” as defined in Rule 3a51-1 under the Exchange Act. Rule 3a51-1 sets forth that that term “penny stock” shall mean any equity security, unless it fits within certain enumerated exclusions including the NTA Rule and the Exchange Rule. Historically, SPACs have relied upon the NTA Rule to avoid being deemed a penny stock issuer. Like many SPACs, Swiftmerge included Article 37.5(c) in its Articles of Association in order to ensure that through the consummation of its initial business combination Swiftmerge would not be considered a penny stock issuer and therefore not a blank check company if no other exemption from the rule was available.

Reliance on Rule 3a51-1(a)(2).

The Exchange Rule excludes from the definition of “penny stock” a security that is registered, or approved for usregistration upon notice of issuance, on a national securities exchange, or is listed, or approved for listing upon notice of issuance on, an automated quotation system sponsored by a registered national securities association, that has established initial listing standards that meet or exceed the criteria set forth in the Exchange

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Rule. Swiftmerge’s securities are listed on The Nasdaq Capital Market and have been so listed since the consummation of the IPO. Swiftmerge believes that The Nasdaq Capital Market has initial listing standards that meet the criteria identified in the Exchange Rule and that it can therefore rely on the Exchange Rule to avoid being treated as a penny stock. Therefore, the NTA Requirement is unnecessary so long as Swiftmerge meets the requirements of the Exchange Rule. and is not in violation of Nasdaq Listing Rule IM-5101-2, which would cause Nasdaq to suspend or delist the Company’s securities and the Company would not be able to potentiallyrely on being listed on Nasdaq for purposes of not being deemed a “penny stock” issuer. (See “Risk Factors” at page 23).

Reasons for the Proposed NTA Requirement Amendment

Swiftmerge believes that it can rely on other available exclusions from the penny stock rules, more specifically, the Exchange Rule, that would not impose restrictions on Swiftmerge’s net tangible assets. While Swiftmerge does not believe this failure to satisfy the NTA Requirementsubjects it to the SEC’s penny stock rules, as the NTA Requirement is included in its Articles of Association, if the NTA Requirement Amendment Proposal is not approved, Swiftmerge may not be able to consummate theits initial business combination. In addition,Additionally, even if the NTA Requirement Amendment is approved, if the Company fails to complete one or more business combinations within 36 months of its IPO, which date is December 17, 2024, it would be in violation of Nasdaq Listing Rule IM-5101-2 and subject to delisting from Nasdaq.

Vote Required for Approval

The approval of the ExtensionNTA Requirement Amendment Proposal isrequires a condition tospecial resolution under the implementationlaws of the Trust Amendment Proposal.

After careful consideration of all relevant factors, our board determined that the Extension Amendment and the Trust Amendment are in the best interests of the Company and its shareholders.

Board Reasons for the Founder Share Amendment Proposal

The Company’s Articles provides that the Class B Ordinary Shares automatically convert to Class A Ordinary Shares on a one-for-one basis automatically on the day of the consummation of a business combination. The purpose of the Founder Share Amendment is to allow to the Founder Shares to be converted on a 1:1 basis by the holder at any point in time prior to the business combination, provided that the holders have waived any right to receive funds from the Trust Account. In connection with the Extension Proposal, this additional proposal will give the Company further flexibility to meet NASDAQ continued listing requirements following the Extension.

The Company’s Articles provide thatCayman Islands, being the affirmative vote of a two-thirds (2/3) majority of the votes cast by the holders of at least two-thirds of the Ordinaryissued and outstanding Public Shares representedand Founder Shares, present in person or represented by proxy and entitled to vote thereon and who vote at the Special Meeting. Failure to vote by proxy or to vote oneself at the Extraordinary General Meeting, is required to amendabstentions from voting or broker non-votes will have no effect on the Charter Articles.outcome of any vote on the Extension Proposal.

Resolutions to be Voted UponResolution

The full text of the proposed special resolution to be proposedput to shareholders to consider and vote upon at the Extraordinary General Meeting in connection with the Extension Amendment Proposal is as set out in Part 1 of Annex A.

The full text of the resolution to be proposed in connection with the Trust Amendment Proposal is as follows:

“RESOLVED, with the approval of the affirmative vote of holders of at least 65% of the issued and outstanding ordinary shares of the Company, that the Company is authorized to enter into the Amendment No. 1relation to the Investment Management Trust Agreement by and between the Company and Continental Stock Transfer & Trust Company, a New York corporation, in the form set forth in Annex B to this Proxy Statement.”

The full text of the resolution to be proposed in connection with the Founder Share Amendment Proposal is as set out in Part 2 of Annex A.

Our Board unanimously recommends that our shareholders vote “FOR” the approval of the Extension Amendment Proposal, the TrustNTA Requirement Amendment Proposal and the Founder Shareassociated amendments to the Amended and Restated Memorandum and Articles of Association of the Company is set forth as the second resolution in Annex A to this proxy statement.

Recommendation

The Company’s board of directors recommends that you vote “FOR” the NTA Requirement Amendment Proposal.

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PROPOSAL NO. 4 – THE ADJOURNMENT PROPOSAL

Overview

The Adjournment Proposal, if adopted, will allow our boardthe Board to adjourn the Extraordinary General Meeting to a later date or dates to permit further solicitation of proxies. The Adjournment Proposal will only be presented to ourSwiftmerge shareholders in the event, thatbased on the tabulated votes, there are insufficientnot sufficient votes for, or otherwise in connection with,at the approvaltime of the Extraordinary General Meeting to approve the Extension Amendment Proposal, or the Trust Agreement Amendment Proposal, and the NTA Requirement Amendment Proposal. In no event will our board adjourn the Extraordinary General Meeting for more than 30 days.

Consequences if the Adjournment Proposal is Not Approved

If the Adjournment Proposal is not approved by ourSwiftmerge shareholders, our boardthe Board may not be able to adjourn the Extraordinary General Meeting to a later date or dates in the event, thatbased on the tabulated votes, there are insufficientnot sufficient votes for, or otherwise in connection with,at the approvaltime of the Extraordinary General Meeting to approve the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the TrustNTA Requirement Amendment Proposal.

ResolutionVote Required for Approval

Approval of the Adjournment Proposal requires an ordinary resolution, which is the affirmative vote of a simple majority of the votes cast by the holders of Public Shares and the Founder Shares, present in person or represented by proxy and entitled to be Voted Uponvote thereon and who vote at the Extraordinary General Meeting. Failure to vote by proxy or to vote oneself at the Extraordinary General Meeting, abstentions from voting or broker non-votes will have no effect on the outcome of any vote on the Adjournment Proposal.

Resolution

The full text of the resolution to be proposedput to the shareholders to consider and to vote upon at the Extraordinary General Meeting in relation to Adjournment Proposal is as follows:

“RESOLVED, as an ordinary resolution that, the adjournment of the general meetingExtraordinary General Meeting to a later date or dates to permit further solicitation of proxies to be determined by the chairman of the general meeting, if necessary, to permit further solicitation and vote of proxiesExtraordinary General Meeting be confirmed, ratifiedadopted, approved and approvedratified in all respects.”

Vote Required for approval

The Adjournment Proposal must be approved as an ordinary resolution under Cayman Islands law, being the affirmative vote of the holders of a majority of the then issued and outstanding ordinary shares who, being present and entitled to vote at the Extraordinary General Meeting, vote at the Extraordinary General Meeting. Abstentions and broker non-votes, while considered present for the purposes of establishing a quorum, will not count as a vote cast at the Extraordinary General Meeting.

Recommendation of the Board

If presented, our board unanimously recommends that our shareholders voteTHE BOARD UNANIMOUSLY RECOMMENDS THAT SWIFTMERGE SHAREHOLDERS VOTE “FOR” THE APPROVAL OF THE ADJOURNMENT PROPOSAL.

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BUSINESS OF SWIFTMERGE AND CERTAIN INFORMATION ABOUT SWIFTMERGE

General

Swiftmerge is a blank check company incorporated as a Cayman Islands exempted company on February 3, 2021. The Company was formed for the approvalpurpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”). The Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the Adjournment Proposal.risks associated with early stage and emerging growth companies.

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BENEFICIAL OWNERSHIP OF SECURITIES

The following table sets forth information regarding the beneficial ownership of the ordinary sharesSwiftmerge’s Public Shares and Founder Shares as of May 12, 2023,February 26, 2024 based on information obtained from the persons named below, with respect to the beneficial ownership of shares of the ordinary shares,Swiftmerge’ Public Shares and Founder Shares, by:

In the table below, percentageBeneficial ownership is based on 22,500,000determined according to the rules of the SEC, which generally provide that a person has beneficial ownership of a security if such person possesses sole or shared voting or investment power over that security, including options and warrants that are currently exercisable or exercisable within sixty days.

On the record date of the Extraordinary General Meeting, there were 7,871,910 ordinary shares outstanding, of which 5,621,910 were Class A ordinary shares, including 3,750,000 Founder Shares held by our Sponsor, and 2,250,000 were Class B ordinary shares. The Class A Ordinary Shares (which includestogether with the Class AB Ordinary Shares that are underlyingalso referred to as the units)Ordinary Shares.