Bengaluru food delivery startup Swish raises $38M: its third round in 18 months

Bengaluru-based food delivery startup Swish raised $38M in a Series B round led by Hara Global and Bain Capital Ventures, valuing the company at $139M post-money. The 18-month-old company operates a full-stack model with owned kitchens and hyperlocal 1km delivery radii, now processing about 20,000 orders daily across 10 micro-markets in Bengaluru, and plans to expand to Delhi-NCR and Mumbai.