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Bertelsmann India Investments (BII) has led a $24 million funding round in quick food delivery startup Swish, with existing investors Accel, Bain Capital Ventures and Hara Global also participating.
Founded by Aniket Shah, Ujjwal Sukheja and Saran S., Swish operates a network of neighbourhood kitchens that prepare and deliver fresh food within 10 minutes. The company currently operates in Bengaluru, Gurugram, Noida, Delhi and Ghaziabad.
Swish claims its monthly order volume has crossed 1 million, marking a threefold increase since March 2026. Its menu has expanded to more than 250 SKUs across over 20 food categories, with lunch and dinner now contributing a larger share of orders than snacks and late-night meals.
The fresh funding will support the expansion of Swish’s kitchen network, along with investments in supply chain infrastructure and capacity. The company plans to enter more cities and is targeting a network of more than 1,000 kitchens over the next five years.
The startup claims that more than 80% of its orders are delivered within 15 minutes. Swish currently covers around 50 pincodes and plans to further expand its footprint as it scales.
Swish had raised around $54 million prior to the latest round, including $14 million in March 2025. According to Entrackr estimates, the startup will have a post-money valuation of around $175 million following the latest funding round.
Launched in July 2024, Swish reported revenue of Rs 4 crore and a total loss of Rs 19 crore during the eight-month period of FY25. The company is yet to file its FY26 financial results.
