Swish Raises $24 Million in Funding Led by Bertelsmann India Investments to Expand 10-Minute Food Delivery

 

swish-raises-24-million-funding-bertelsmann-india-investments-10-minute-food-delivery

Key Details Swish Funding Update
Company Swish
Funding Raised $24 Million
Funding Round Series C
Lead Investor Bertelsmann India Investments (BII)
Existing Investors Accel, Bain Capital Ventures and Hara Global
Founders Aniket Shah, Ujjwal Sukheja and Saran S.
Headquarters Bengaluru, India
Founded 2024
Industry Food Delivery / Quick Food Delivery
Delivery Model 10-minute food delivery through neighbourhood kitchens
Monthly Orders More than 1 million
Current Markets Bengaluru, Gurugram, Noida, Delhi and Ghaziabad
Menu 250+ SKUs across 20+ food categories
Fund Utilisation Kitchen expansion, supply-chain infrastructure, capacity and new-city expansion
Future Target More than 1,000 kitchens over the next five years

Swish has secured $24 million (approximately ₹200+ crore) in new funding. Bertelsmann India Investments (BII) is the lead investor in this round, with participation from existing investors Accel, Bain Capital Ventures, and Hara Global. The funds will be used to expand the 10-minute food delivery platform.

Bengaluru-based Swish was founded by Aniket Shah, Ujjwal Sukheja, and Saran S. The company aims to expand its network to over 1,000 kitchens in the coming years and will also utilize the funding to strengthen its supply chain infrastructure.

Popular Posts