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Swish Raises $38 Million Series B To Expand 10‑Minute Meal Service

Investors are backing a vertical model that aims to make 10‑minute meals viable.

Overview

  • Swish raised $38 million in a Series B led by Hara Global and Bain Capital Ventures with Accel, Stride Ventures and Alteria Capital participating.
  • The round values the Bengaluru startup at about $139–$140 million and brings total funding to roughly $54 million.
  • Swish runs a full‑stack setup that owns kitchens, supply chain, ordering app and delivery fleet to serve freshly cooked meals in about 10 minutes within a 1 km radius.
  • The company reports roughly 20,000 orders a day across 10 Bengaluru micro‑markets and says older kitchen clusters have reached profitability.
  • New funds will go to kitchen automation, supply‑chain buildout, hiring and expansion to other metros such as Delhi‑NCR and Mumbai.