Funding news · Sep 7, 2026
Swish Food Raises $24M Series B to Expand 10-Minute Delivery Model
Swish Food Secures $24M Series B
Bengaluru-based food delivery startup Swish has raised $24 million in Series B funding. The round was led by Bertelsmann India Investments, with participation from Hara Global, Bain Capital Ventures, and Accel.
What Swish Does
Swish operates a full-stack food delivery model focused on 10-minute fresh food delivery. The company owns its kitchens, supply chain, and delivery network, allowing it to control the entire customer experience.
Swish runs dense hyperlocal clusters with delivery radii of approximately 1 kilometer. According to the company, it delivers more than 20,000 orders per day across 10 micro-markets in Bengaluru. Its menu includes over 200 items, supported by automated kitchen operations.
Company Background
Swish was founded in 2024 by Aniket Shah. The company is headquartered in Bengaluru and operates in the quick-commerce food delivery segment.
Funding Details
- Round type: Series B
- Amount raised: $24,000,000
- Currency: USD
- Funding date: September 7, 2026
- Lead investor: Bertelsmann India Investments
- Participating investors: Hara Global, Bain Capital Ventures, Accel, Bertelsmann India Investments
Why It Matters
The Series B round provides Swish with capital to scale its hyperlocal, full-stack delivery model. By owning kitchens, supply chain, and delivery, the company aims to achieve faster delivery times and tighter quality control compared to traditional food delivery platforms.
The participation of established investors such as Accel and Bain Capital Ventures alongside lead investor Bertelsmann India Investments indicates strong backing for Swish's approach in the competitive Indian food delivery market.
Outlook
With 20,000+ daily orders across 10 micro-markets in Bengaluru, Swish has demonstrated early traction. The new funding will likely support expansion into additional micro-markets and further development of its automated kitchen operations, though specific plans were not disclosed.