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. The latest funding comes as the company looks to expand its neighbourhood kitchen network, strengthen its supply chain infrastructure and increase its delivery capacity across India.
Founded by Aniket Shah, Ujjwal Sukheja and Saran S., Swish operates a network of neighbourhood kitchens designed to prepare and deliver fresh food within 10 minutes. The startup currently operates across Bengaluru, Gurugram, Noida, Delhi and Ghaziabad as it expands its quick food delivery model across multiple cities.
Swish said its monthly orders have crossed 1 million, with order volumes tripling since March 2026. The company has also expanded its menu to more than 250 SKUs across over 20 food categories. While snacks and late-night meals formed part of its earlier demand, lunch and dinner now account for a larger share of the company’s orders.
The fresh capital will be used to expand Swish’s network of kitchens and strengthen the infrastructure supporting its operations. The company plans to enter more cities as it scales and is targeting more than 1,000 kitchens over the next five years. The expansion is expected to increase its operational capacity and extend its quick food delivery model to a larger customer base.
Swish currently covers around 50 pincodes and claims that more than 80% of its orders are delivered within 15 minutes. Its neighbourhood-kitchen model is built around locating food preparation facilities closer to customers, allowing the company to focus on shorter delivery times while expanding its geographic footprint.
The latest round adds to the capital Swish has raised since its launch. Before the current funding, the startup had raised around $54 million, including a $14 million round in March 2025. According to Entrackr estimates, the latest funding round values Swish at around $175 million post-money.
Swish was launched in July 2024 and reported revenue of ₹4 crore during the eight-month period of FY25. The company recorded a total loss of ₹19 crore during the same period. Swish has not yet filed its financial results for FY26, according to the Entrackr report.
The new funding comes at a time when competition in India’s quick food delivery segment is increasing. Players including Blinkit’s Bistro, Zepto Cafe and Swiggy’s Bolt are competing in the market with rapid-delivery food offerings. Swish also operates within the broader online food delivery and cloud-kitchen ecosystem, where established companies such as Rebel Foods and Curefoods are present.
Swish’s latest capital raise will therefore support both its geographic and operational expansion. The company plans to increase the number of neighbourhood kitchens, strengthen its supply chain and build capacity as it enters additional markets. Its longer-term target of more than 1,000 kitchens over the next five years reflects the scale it is aiming for as it expands its quick food delivery network.
With monthly orders already crossing 1 million and its order volumes having tripled since March 2026, Swish is now looking to build on its existing presence across Bengaluru, Gurugram, Noida, Delhi and Ghaziabad. The $24 million funding led by Bertelsmann India Investments will provide the startup with capital to expand its kitchen network and infrastructure as it seeks to reach more customers and cities.
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