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Indian food delivery startup Swish nets $14m series A

Bengaluru-based food delivery startup Swish has raised approximately 121.8 crore rupees (US$14 million) in its series A funding round.

Investors include venture capital firm Accel, Hara Global, and Unacademy founder Gaurav Munjal.

Filings with the Ministry of Corporate Affairs indicate that the funding round closed on Feb. 28.

Swish issued 4,742 series A compulsorily convertible preference shares (CCPS) and 10 equity shares.

Launched in August 2024, Swish quickly delivers food within 10 to 15 minutes via its app.

The company has expanded its operations across Bengaluru, running cloud kitchens, referred to as “Pods,” in areas such as Indiranagar, Koramangala, and Whitefield.

Recent Food Delivery developments

Timeline
02-Mar-2025 📦 US food delivery firm Grubhub lays off over 20% of workforce
  • Grubhub lays off 500 employees, 20% workforce cut.
  • Partnership with Avride to utilize delivery robots.
16-Feb-2025 🍕 SEA food delivery grows 13% as Grab leads: report
  • Southeast Asia’s food delivery GMV hits $19.3B
  • Grab leads market; ShopeeFood surpasses Gojek
11-Feb-2025 🚀 Alibaba’s food delivery branch names new CEO
  • Wu Zeming named CEO of Ele.me on Feb. 11
  • Former CEO Han Liu leads Instant Logistics Center now
14-Dec-2024 🍽️ India’s food delivery platform Thrive shuts operations
  • Thrive food delivery service shuts down app.
  • Employees offered help in job placements.

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