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Swish

Foodtech (Quick Delivery)Bengaluru, Karnataka, India

Swish is a Bengaluru end-to-end food company delivering freshly prepared meals in about ten minutes, and one of the few Indian operators still building in ultra-fast food after larger platforms retreated from the category. It owns the whole stack rather than aggregating restaurants: neighbourhood kitchens with dedicated prep, cooking and assembly stations, its own ordering platform, and its own delivery fleet, all operating within a one to two kilometre radius so food barely travels. Because it captures the full food gross margin, around 60 to 65 percent, rather than an aggregator's 15 to 20 p

2StartupFox stories
2024Founded
Foodtech(Quick Delivery)Sector
Sept 2026Latest coverage

Funding

Swish has raised $78M across 4 disclosed rounds, most recently a Series C in September 2026.

$78MRaised
Series CLatest round · September 2026
$140MValuation
4Events
Series CSeptember 2026reported
$24M
InvestorsBertelsmann India Investments (lead), Accel, Bain Capital Ventures, Hara Global
Valuation
Tap any bar to see that round
~$140M (₹1,267 Cr) — a 2.4x jump from the prior round
September 2026Series C$24MBertelsmann India Investments (lead), Accel, Bain Capital Ventures, Hara Global
Mar 2026Series B$38MHara Global & Bain Capital Ventures (co-leads), Accel; venture debt from Alteria Capital, Stride Ventures ~$140M (₹1,267 Cr) — a 2.4x jump from the prior roundStartupFox ↗
Mar 2025Series A$14MHara Global Capital & Accel India (co-leads), Gaurav Munjal, Sumer JunejaEverything Startups ↗
Nov 2024Seed$2MAccel (lead)Restaurant India ↗

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest leadBertelsmann India Investments (lead)1 round · 2026
Accel1 round · 2026
Accel; venture debt from Alteria Capital1 round · 2026
Bain Capital Ventures1 round · 2026
Hara Global1 round · 2026
Hara Global & Bain Capital Ventures (co-leads)1 round · 2026
Stride Ventures1 round · 2026
Gaurav Munjal1 round · 2025
Hara Global Capital & Accel India (co-leads)1 round · 2025
Sumer Juneja1 round · 2025
Accel (lead)1 round · 2024
Aggregated automatically from the disclosed rounds above.

Leadership

The Swish journey

2024 · founded
Founded by Aniket Shah, an IIT Kharagpur alumnus with stints at Citi, Jupiter and Meesho, with Ujjwal Sukheja and Saran S, after the three timed a coffee and croissant from a test kitchen in HSR Layout to a friend's door in eight minutes. A
Nov 2024 · funding
Seed — $2M, led by Accel (lead).
Mar 2025 · funding
Series A — $14M, led by Hara Global Capital & Accel India (co-leads).
Mar 2026 · funding
Series B — $38M, led by Hara Global & Bain Capital Ventures (co-leads).
Mar 2026 · milestone
Processes 20,000 daily orders through its owned cloud-kitchen network; expansion into Delhi NCR planned with the fresh capital.
September 2026 · funding
Series C — $24M, led by Bertelsmann India Investments (lead).
Sep 2026 · milestone
Passes one million monthly orders, roughly tripling since March, across Bengaluru, Gurugram, Noida, Delhi and Ghaziabad. Menu reaches 250-plus SKUs across 20-plus categories, with lunch and dinner overtaking snacks and late-night meals.

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Frequently Asked

What is Swish?

Swish is a Bengaluru end-to-end food company delivering freshly prepared meals in about ten minutes, and one of the few Indian operators still building in ultra-fast food after larger platforms retreated from the category. It owns the whole stack rather than aggregating restaurants: neighbourhood kitchens with dedicated prep, cooking and assembly stations, its own ordering platform, and its own delivery fleet, all operating within a one to two kilometre radius so food barely travels. Because it captures the full food gross margin, around 60 to 65 percent, rather than an aggregator's 15 to 20 p

Who founded Swish?

Swish is associated with Aniket Shah, Ujjwal Sukheja, Saran S.

How much funding has Swish raised?

Swish has raised $78M across 4 disclosed rounds. The most recent was a $24M Series C in September 2026.

Who are Swish's investors?

Disclosed investors in Swish include Bertelsmann India Investments (lead), Accel, Bain Capital Ventures, Hara Global, Hara Global & Bain Capital Ventures (co-leads), Accel; venture debt from Alteria Capital, Stride Ventures, Hara Global Capital & Accel India (co-leads), Gaurav Munjal, Sumer Juneja, Accel (lead).

What is Swish's valuation?

Swish was last reported at ~$140M (₹1,267 Cr) — a 2.4x jump from the prior round, at the time of its Series B in Mar 2026.

What is the latest news on Swish?

The most recent StartupFox coverage is “Swish Raises $24M for 10-Minute Food, a Category Swiggy and Zepto Backed Away From” (10 September 2026). All stories are listed on this page.