Swish Raises $24 Million to Expand Quick Food Delivery Network
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Khushi Jain
- September 10, 2026
Quick food delivery startup Swish has raised $24 million in a funding round led by Bertelsmann India Investments (BII), with participation from existing investors Accel, Bain Capital Ventures and Hara Global.
Entrackr had exclusively reported the development on Monday.
Founded by Aniket Shah, Ujjwal Sukheja and Saran S., Swish operates a network of neighbourhood kitchens that prepare and deliver fresh food within 10 minutes. The company currently operates across Bengaluru, Gurugram, Noida, Delhi and Ghaziabad.
Swish said its monthly orders have crossed 1 million, with order volume tripling since March 2026. Its menu has expanded to more than 250 SKUs across over 20 food categories. Lunch and dinner now account for a larger share of orders than snacks and late-night meals.
The fresh capital will be used to expand Swish’s kitchen network, strengthen its supply chain infrastructure and increase capacity. The company plans to enter more cities and is targeting more than 1,000 kitchens over the next five years.
Swish claims that over 80% of its orders are delivered within 15 minutes. The startup currently covers around 50 pincodes and plans to expand its footprint as it scales.
Before the latest round, Swish had raised around $54 million, including a $14 million round in March 2025. As per Entrackr estimates, Swish will be valued at around $175 million post money.
Launched in July 2024, Swish reported Rs 4 crore in revenue and a total loss of Rs 19 crore during the eight-month period of FY25. The company is yet to file its FY26 financial results.
The latest funding round comes as the quick food delivery segment sees growing competition from Blinkit’s Bistro, Zepto Cafe and Swiggy’s Bolt. Swish also operates in the broader online food delivery and cloud kitchen market, where players such as Rebel Foods and Curefoods have established operations.
FAQs
1. How much funding has Swish raised in its latest round?
Swish has raised $24 million in its latest funding round.
2. Who led Swish’s latest funding round?
The round was led by Bertelsmann India Investments (BII), with participation from Accel, Bain Capital Ventures and Hara Global.
3. How many monthly orders does Swish receive?
Swish’s monthly orders have crossed 1 million.
4. How many kitchens is Swish targeting over the next five years?
Swish is targeting more than 1,000 kitchens over the next five years.
5. What was Swish’s revenue in FY25?
Swish reported Rs 4 crore in revenue during the eight-month period of FY25.
