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Funding · Commerce & Consumer Brands

Swish raises $2 million seed funding

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Date
Company
Swish
What it does
10-minute food delivery
Kind
Funding
Amount
$2 million
Stage
seed
Based in
Bengaluru
Founded
2024
Sector
Commerce & Consumer Brands

What they do

Swish delivers food in 10 minutes via cloud kitchens within 1.5–2 km

What happened

It raised $2 million in seed funding led by Accel with angel investors

Why it matters

The company plans 150 delight centers in Bengaluru by March 2025

The details

  • Swish raised $2 million in seed funding.
  • The round was led by Accel.
  • Angel investors included Urban Company co-founders Abhiraj Bhal and Varun Khaitan, and former Swiggy Instamart head Karthik Gurumurthy.
  • Swish delivers food in 10 minutes via 'delight centers' (cloud kitchens) within a 1.5–2 km radius.
  • It is a full-stack operation, managing food preparation to doorstep delivery.
  • The app offers 70–80 SKUs across indulgences, snacks, beverages, and meals.
  • Swish started in HSR Layout and Bellandur, Bengaluru.

The bigger picture

  • India's quick commerce market is projected to grow to $40 billion by 2030.
  • Competitors include Swiggy Bolt and Zomato Everyday (rebranded from Instant).
  • CEO Aniket Shah says traditional delivery times of 30–60 minutes fail expectations for quick cravings.
  • Accel partner Abhinav Chaturvedi says Swish rethinks supply chain for ultra-fast food delivery.

About the business

  • Swish delivers food in 10 minutes via cloud kitchens within 1.5–2 km radius.
  • It is full-stack: manages food preparation to doorstep delivery.
  • The app offers 70–80 SKUs across indulgences, snacks, beverages, meals.
  • Started in HSR Layout and Bellandur, Bengaluru.

What happens next

  • Expand to Koramangala and Sarjapur by end of November.
  • Target 150 delight centers in Bengaluru by March 2025.
  • Later expand into other Tier-I cities.

The deal

Type
seed

Investors

  • Accel (lead) — Accel is a venture capital firm investing in technology startups.
  • Abhiraj Bhal (angel) — Co-founder of Urban Company.
  • Varun Khaitan (angel) — Co-founder of Urban Company.
  • Karthik Gurumurthy (angel) — Former head of Swiggy Instamart.

Founders

  • Aniket Shah, CEO
  • Ujjwal Sukheja, founder
  • Saran S., founder

About Swish

Product
A 10-minute food delivery service built around owned neighbourhood kitchens.
Customers
Urban consumers ordering meals for immediate delivery.
How it makes money
It earns revenue by selling prepared food directly to end customers through its own kitchen and delivery network.
What sets it apart
Owns and manages kitchens, technology, and last-mile delivery, with delivery within about a one-kilometre radius.
Operations
Operates across Bengaluru, Gurugram, Noida, Delhi, and Ghaziabad.

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