10-minute food delivery startup Swish raises $24 Mn led by Bertelsmann India Investments
2 min read
Funding Alert
Quick food delivery platform Swish has secured $24 million in a fresh funding round led by Bertelsmann India Investments (BII), with participation from existing investors Accel, Bain Capital Ventures, and Hara Global.
Key Takeaways
- 10-minute food delivery startup Swish raised $24 million led by Bertelsmann India Investments, with Accel and Bain Capital Ventures participating.
- Swish operates local kitchens delivering fresh meals in about 10 minutes across Bengaluru, Gurugram, Noida, Delhi and Ghaziabad.
- Monthly orders have surpassed 1 million, tripling since March 2026, across more than 250 menu items.
- Funds will expand the kitchen network, supply chain infrastructure and operational capacity.
Founded by Aniket Shah, Ujjwal Sukheja, and Saran S., Swish runs a network of local kitchens that prepare and deliver fresh meals in around 10 minutes. The company currently operates in Bengaluru, Gurugram, Noida, Delhi, and Ghaziabad.
Swish says its monthly orders have surpassed 1 million, with order volumes tripling since March 2026. Its menu now includes more than 250 SKUs across over 20 food categories, and lunch and dinner have become a larger share of total orders compared with snacks and late-night meals.
The newly raised capital will be used to grow Swish’s kitchen network, improve supply chain infrastructure, and expand operational capacity. The company plans to enter additional cities and aims to operate more than 1,000 kitchens over the next five years.
Swish claims that over 80% of its orders are delivered within 15 minutes. It currently serves around 50 pincodes and intends to broaden its delivery footprint as the business scales.
Before this round, Swish had raised approximately $54 million, including a $14 million funding round in March 2025. Based on Entrackr estimates, the company is valued at around $175 million post-money.
Launched in July 2024, Swish reported revenue of Rs 4 crore and accumulated losses of Rs 19 crore during the first eight months of FY25. Its FY26 financial results have yet to be filed.
The latest funding comes as the quick meal delivery space becomes increasingly competitive, with players such as Blinkit’s Bistro, Zepto Cafe, and Swiggy’s Bolt entering the segment. Swish also operates in the wider online food delivery and cloud kitchen market, where companies including Rebel Foods and Curefoods already have a presence.
