Swish Raises $24 Mn To Expand Quick Food Delivery Network
Quick food delivery startup Swish has raised $24 Mn (about ₹228.4 Cr) in a funding round led by Bertelsmann India…
Startup Swish has secured $24 million in funding, led by Bertelsmann India Investments, to expand its quick food delivery network. Existing investors Accel, Bain Capital Ventures, and Hara Global also joined the round. Swish intends to use the capital to strengthen its kitchen network, enter new cities, improve supply chain infrastructure, and boost order-processing capabilities.
The company aims to build a network of over 1,000 kitchens within five years, having already achieved a threefold increase in monthly orders since March 2026, reaching 1 million transactions.
Founded in 2024 by Aniket Shah, Ujjwal Sukheja, and Saran S, Swish maintains its own kitchens, technology, and last-mile delivery operations. Its neighbourhood kitchens typically serve customers within a one-kilometre radius, with food delivered in approximately 10 minutes. Currently operating in Bengaluru, Gurugram, Noida, Delhi, and Ghaziabad, Swish covers nearly 50 pin codes and delivers over 80% of orders within 15 minutes.
The startup’s kitchens follow a dedicated preparation, cooking, and assembly process, equipped with automated devices, and process thousands of orders daily with an average preparation time under four minutes. The menu now includes more than 250 SKUs across 20 food categories, with lunch and dinner becoming the primary consumption occasions.
CEO Aniket Shah aims to make quick food delivery accessible to 100 million consumers. The latest funding follows a $38 million Series B round in March 2026, bringing Swish’s total external funding to $78 million. Despite the ongoing viability scrutiny of ultra-fast food delivery, deep-pocketed quick commerce firms like Blinkit (Bistro) and Zepto (Zepto Cafe) continue to experiment in the segment.
However, some companies, such as Swiggy's SNACC and Zing, have exited the market due to profitability concerns and high operating costs. Meanwhile, Rapido and Flipkart are exploring food delivery opportunities, potentially intensifying competition in a market currently dominated by Swiggy and Zomato-owned Eternal.
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