Swish secures $38 million Series B funding for rapid expansion. The instant food delivery startup, founded in 2024, has raised $58 million across three rounds led by Hara Global and Bain Capital Ventures. Operating exclusively in Bengaluru with cloud kitchens, Swish processes 20,000 daily orders by controlling the entire supply chain end-to-end, eliminating third-party commissions. The capital will fund multi-city expansion, kitchen automation and supply chain infrastructure. Despite the competitive quick commerce landscape dominated by Blinkit and Zepto, quick food delivery remains challenging due to weak unit economics. Swiggy recently shut down its Snacc platform after struggling with viability, signaling the sector's difficulties.
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