Bengaluru-based startup Swish, which delivers food in just 10 minutes, has raised $38 million in a new funding round. The round was led by UK-based Hara Global and Bain Capital Ventures.
Existing investors like Accel also took part in the round. The company also raised some extra funding as venture debt from Alteria Capital and Stride Ventures.
Swish plans to use this money to hire more people, expand to new cities, and improve its kitchen automation and supply chain systems.
With this latest funding, the two-year-old startup is now valued at around $140 million, more than double its previous valuation of $60 million in March 2025. So far, Swish has raised about $54 million in total.
“We are live in some parts of Bengaluru. We will continue to go deeper and denser here while expanding across other cities like Delhi NCR,” said cofounder and CEO Aniket Shah. “We are an end-to-end food-tech company. We will invest in automated equipment that we use in our kitchens to cook fresh food.”
“We are seeing growth across our business, and more than 20,000 people order from Swish every day in Bengaluru,” said Shah.
Swish was founded in 2024 by Aniket Shah, Ujjwal Sukheja, and Saran S. The company delivers mini meals, snacks, drinks, and desserts in about 10 minutes using its own cloud kitchens located close to customers.
It started with quick snacks, coffee, and late-night items, but now also offers breakfast, small meals, protein-rich food, festive specials, and desserts.
This growth reflects a larger trend where fast delivery is expanding beyond food into areas like fashion, home services, beauty, and more.
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