VC Fund Investments
Food delivery startup Swish raises $14-M led by Hara Global, Accel
Bengaluru-based food delivery startup Swish has raised INR 122.32 crore (approximately USD 14 million) in its Series A funding round, led by Hara Global Capital and existing investor Accel India. Hara Global Capital led the round with INR 69.56 crore while Accel India invested INR 52.18 crore. Kunal Shah-led QED innovation, and Gaurav Munjal (CEO of Unacademy) and Sumer Juneja, investment advisor at SoftBank, participated with INR 20.5 lakh, INR 5 lakh and ZINR 30.7 lakh respectively.Post investment, Hara Global Capital will own 13.33%, while Accel India will hold a 27.24% stake in the company. Co-founders Aniket Sunil Shah, Sureshkumar Sarana, and Ujjwal Sukheja will retain a 16.38% share each.Founded in 2024, Swish claims to operate a 10-minute delivery model within a 1.5-2 km radius using cloud kitchens.
In Oct 2024, Swish had raised about USD 2 M from Accel India and Others
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