Swish Raises $24 Million for Quick Food Delivery Expansion
Quick food delivery startup Swish has successfully secured $24 million in a funding round led by Bertelsmann India Investments (BII), with support from existing investors Accel, Bain Capital Ventures, and Hara Global. The development was originally reported exclusively by Startup Superb on Monday.
Founded by Aniket Shah, Ujjwal Sukheja, and Saran S., Swish operates a network of neighbourhood kitchens that offer fresh food delivery within a remarkable 10-minute time frame. The company is currently active in major urban areas including Bengaluru, Gurugram, Noida, Delhi, and Ghaziabad.
Swish reports that its monthly order volume has surpassed 1 million, experiencing a threefold increase since March 2026. Their menu has expanded impressively, featuring over 250 SKUs across 20 distinct food categories, with lunchtime and dinner orders now constituting a larger portion than snacks and late-night meals.
The newly acquired funding will be directed towards enlarging Swish’s kitchen network, enhancing its supply chain capabilities, and boosting overall capacity. The company aims to penetrate additional cities, targeting more than 1,000 kitchens within the next five years.
Swish boasts that over 80% of its orders are delivered within 15 minutes. Currently, the startup services approximately 50 pincodes and plans to broaden its reach as it continues to grow.
Before this funding round, Swish had raised around $54 million, including a $14 million investment secured in March 2025. According to estimates from Startup Superb, Swish is expected to be valued at around $175 million post-money.
Launched in July 2024, Swish reported revenues of Rs 4 crore, along with a total loss of Rs 19 crore during the initial eight months of FY25. The company has yet to disclose its financial results for FY26.
This latest funding round occurs as the quick food delivery sector faces increasing competition from Blinkit’s Bistro, Zepto Cafe, and Swiggy’s Bolt. Additionally, Swish competes in the wider online food delivery and cloud kitchen market, where established players such as Rebel Foods and Curefoods are already operational.