Quick food delivery startup Swish has raised $24 million in fresh funding, with Bertelsmann India Investments (BII) leading the round. Existing investors including Accel, Bain Capital Ventures and Hara also participated.
The funding gives Swish more capital to expand a model built around neighbourhood kitchens and fast food preparation. The company prepares and delivers fresh meals through its kitchen network, with its service currently available across Gurugram, Noida, Delhi and Ghaziabad.
While speed remains central to Swish’s positioning, its latest operating numbers also show how the business is changing beyond the quick-snacking use case.
Swish Swish was founded in 2024 by Aniket Shah, Ujjwal Sukheja, and Saran S, says its monthly order volume has crossed 1 million, while its menu has grown to more than 250 SKUs across over 20 food categories. More notably, lunch and dinner now contribute a larger share of orders than snacks and late-night meals.
That shift gives the company a broader meal-day presence instead of relying primarily on occasions traditionally associated with instant food delivery.
The startup also says more than 80% of its orders are delivered within 15 minutes, keeping delivery speed at the centre of the customer proposition even as the menu and order mix expand.
Fresh capital to go into kitchens, supply chain and capacity
Swish plans to use the new funding to expand its kitchen network, strengthen its supply chain and add capacity.
The company also intends to move into additional cities as it scales its footprint. Its existing operations remain concentrated in Delhi-NCR, covering Gurugram, Noida, Delhi and Ghaziabad.
The expansion of the kitchen network will be particularly important to the company’s model because Swish prepares food through neighbourhood locations designed to support short delivery times. Growing into new markets will therefore require additional operating capacity alongside geographic expansion.
Swish’s funding history grows
Before the latest transaction, Swish had raised around $54 million, including a $14 million funding round in March 2025.
The new round is estimated to value the company at around $175 million on a post-money basis.
Rather than putting the fresh capital behind a single expansion lever, Swish is directing it toward several parts of the operation, including physical kitchen infrastructure, supply-chain capabilities and overall capacity.
The strategy comes as its order volumes and menu breadth have both increased.
Quick food delivery competition is widening
Swish is scaling at a time when the quick food delivery category is attracting greater competition.
Swiggy’s Bolt is among the offerings operating in the fast-delivery segment, while Blinkit is also competing in quick food delivery. Swish additionally operates within the wider online food delivery and cloud-kitchen landscape, where companies including Rebel Foods and Curefoods already have established operations.
For Swish, the latest round therefore comes at a stage when the challenge is not simply delivering food quickly. Maintaining delivery times while adding kitchens, expanding the menu, increasing capacity and entering new cities will all form part of its next phase.
The company’s changing order mix could also become increasingly significant. With lunch and dinner now accounting for a larger share of orders than snacks and late-night meals, Swish is seeing greater demand during the main meal occasions while continuing to operate around a rapid-delivery proposition.
Its 1 million-plus monthly orders, menu of more than 250 items and fresh $24 million round now give the startup a larger base from which to pursue that expansion.
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