Bengaluru-based food delivery startup Swish has raised $24 million in a Series C funding round led by Bertelsmann India Investments (BII). Existing investors Accel, Bain Capital Ventures, and Hara Global also participated in the round. This funding values Swish at around $175 million, which is more than 30% higher than its valuation in the March 2026 funding round. The company had raised $38 million in March, taking its total funding to about $62 million before this latest round.
Swish is planning to use this funding to expand its operations and strengthen its 10-minute food delivery business. The startup runs its own cloud kitchens, technology and delivery network, with kitchens placed close to busy neighbourhoods. The company is now handling more than one million orders every month, up from about 6.3 lakh monthly orders a few months ago. However, its reach is still limited to around 50 pincodes across Bengaluru and Delhi NCR.
They have also grown their menu from 30-50 items at launch to more than 250 dishes across 20 categories. While snacks and late-night orders were once its main focus, breakfast, lunch and dinner now make up a larger share of orders. The startup is competing with services such as Blinkit Bistro, Zepto Cafe and Swiggy Bolt, while other players like Rapido and Flipkart are also entering the food delivery space.
Swish said it plans to expand its kitchen network significantly in the coming years as it looks to make quick food delivery more accessible.
