Swish, the Bengaluru-based foodtech company, has raised $38 million in a Series B funding round to accelerate its 10-minute fresh food delivery model across urban India.
The funding round for Swish was led by Hara Global and Bain Capital Ventures, with continued backing from Accel. Alteria Capital and Stride Ventures also participated in the round.
The newly secured capital will enable Swish to strengthen its team, expand into multiple cities, and invest in kitchen automation and supply chain infrastructure.
The company aims to scale its promise of delivering fresh food within 10 minutes to neighborhoods across urban India.
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Swish Builds End-to-End Foodtech Infrastructure
At the core of Swish’s strategy is a fully integrated foodtech model. The company owns and operates every component of the value chain—kitchens, food preparation, consumer ordering application, and last-mile delivery.
Operating within an average delivery radius of one kilometer, Swish eliminates third-party commissions, allowing it to reinvest in food quality, consumer experience, and innovation.
With its $38M Series B round—its third fundraise in just 18 months—Swish is witnessing strong demand for its rapid fresh food delivery service.
The company’s growth is driven by increasing consumer preference for ordering meals such as lunch and dinner, in addition to snacks and beverages.
Swish Sees Strong Consumer Adoption and Daily Demand
The startup initially focused on small consumption moments like post-lunch coffee and late-night snacks. Over time, as customer demand evolved, the platform expanded its offerings.
Today, the company provides a diverse menu including breakfast options, healthy bowls, protein-rich meals, festive specials, and desserts.
The company now fulfills over 20,000 orders daily, reflecting growing consumer trust in Swish’s 10-minute delivery model.
Aniket Shah, CEO and Co-founder of Swish, said: “Over the past 18 months, we have focused on creating a fresh food supply chain from the ground up, which reflects in the strong consumer love for our product and has rapidly positioned us as the preferred destination for ordering food in Bangalore.
Owning every part of the decision in the food supply chain is the only way to serve high-quality, fresh food in 10 minutes to consumers at scale. With the new round of funding, we are poised to accelerate our expansion in a lot more neighbourhoods across cities. We’re looking to surpass existing standards in the food delivery market, set an exceptionally high bar of experience, and grow multifold in the next few months.”
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A statement from Hara Global added: “Swish has attained impressive traction in the markets they have been active in. We are happy to partner again with Aniket, Ujjwal, Saran and the rest of the Swish team as they seek to revamp the quick food market of India.”
Saanya Ojha, Partner at Bain Capital Ventures, said: “India’s quick-commerce adoption has reset consumer expectations around speed, reliability, and convenience but food delivery has largely been optimized for planned, higher-value meals.
Swish is targeting a much larger, more frequent surface area: breakfast, snacks, tea, late-night, and solo meals. The opportunity is not just to take share within food delivery, but to expand the market by bringing more daily consumption online.”
Abhinav Chaturvedi, Partner at Accel, said: “Urban India’s relationship with food is changing rapidly. Consumers want meals that are fresh, delicious and delivered quick.
Swish has identified the path to delivering this customer promise as it controls the kitchen, the tech, and the last mile. We are thrilled to partner with Aniket, Ujjwal, Saran and the entire Swish team — a company we believe will define how a generation of Indians eats.”
