Bengaluru, India — March 24, 2026
India-based food delivery company Swish has closed a $38m funding round, led by UK-based Hara Global and Bain Capital Ventures, with participation from Accel, Stride Ventures, and Alteria Capital.
Based in Bengaluru, Swish provides a ten-minute fresh food delivery service. The company is developing an end-to-end foodtech model that manages its own kitchens, prepares meals, operates the consumer ordering platform, and delivers within an average radius of 1km.
The company plans to use the funds to expand its workforce, enter new cities, and increase investment in kitchen automation and supply chain infrastructure.
Swish CEO and co-founder Aniket Shah 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 Swish 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 ten 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.”
The latest funding round values the two-year-old startup at around $140m, according to The Economic Times, representing a significant increase from its $60m valuation following its previous equity round in March 2025. In total, Swish has now raised $54m.
The company initially focused on quick bites, coffee, and late-night snacks, and has since expanded its product range to include breakfast items, desserts, festive offerings, mini meals, and protein-focused dishes.
Shah was quoted by ET as saying: “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.”
Market Research Outlook Analysis:
The funding highlights growing investor focus on integrated food delivery models that prioritize supply chain ownership and speed. It also reflects evolving consumer preferences toward fresh, on-demand meals, with operational efficiency and kitchen automation emerging as key differentiators in scaling food delivery platforms.
Explore related insights:
Market Research Outlook tracks developments across the food delivery and foodtech ecosystem, including market size, growth trends, competitive benchmarking, and investment activity.
