Funding · Commerce & Consumer Brands

Swish raises $24 Mn for kitchen expansion

By Startup Enthusiast · 13 September 2026

What they do

Swish owns kitchens, prepares food and delivers it within 15 minutes

It raised $24 Mn, less than six months after a $38 Mn round

The company targets 1,000 kitchens in five years as rivals shut similar services

Swish raised $24 Mn in the past week, around 13 September 2026.
The previous round of $38 Mn was raised less than six months before this one.
Swish owns its kitchens, prepares food and manages delivery — it is not an aggregator.
Its kitchens are placed within a 1 km radius of customers.
The company crossed 1 Mn monthly orders at peak.
Monthly orders have tripled since March 2026.
Over 80% of orders are delivered within 15 minutes.
Average kitchen preparation time is under 4 minutes.

Swish started with ~75 SKUs and has now expanded that by 3X.
Its menu spans meals, snacks and beverages; lunch and dinner now account for more orders than snacks and late night.
The company operates in 50 pincodes across Bengaluru and Delhi NCR.
It currently has around 55 kitchens, including its Delhi NCR entry.
Food gross margin is ~60%-70% on an average order value of ₹250, and gross profit per order is ~₹160 before kitchen, delivery and corporate costs.

Swish owns kitchens, prepares food, operates technology and manages delivery.
Kitchens are placed within a 1 km radius of customers.
The menu spans meals, snacks and beverages; lunch and dinner now account for more orders than snacks and late night.
It operates in 50 pincodes across Bengaluru and Delhi NCR.
It currently has around 55 kitchens.
Food gross margin is ~60%-70% on an average order value of ₹250.
Gross profit per order is ~₹160 before kitchen, delivery and corporate costs.
Close to 10% of users order twice a day.

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.