Food-delivery startup Swish raises $2 million in maiden round led by VC firm Accel
Accel.
The round also saw participation from angel investors such as founders of Urban Company Abhiraj Bhal and Varun Khaitan, former Swiggy Instamart head Karthik Gurumurthy and others.
The funds will be used for expanding operations and scaling its delivery model across most areas of Bengaluru, with plans to extend into other tier-1 cities.
“So far, we have about 70 to 80 unique stock-keeping units (SKUs) on the app, covering a variety of categories including indulgences, snacks, beverages, and meals. We ensure that these items are freshly prepared and delivered within 10 minutes,” cofounder and chief executive Aniket Shah told ET in an interaction.
This highlights the rapid growth of 10 to 30-minute delivery services in urban markets, with quick-commerce platforms attracting significant investment. Zepto is in the process of raising funds, while Blinkit and Swiggy Instamart are already publicly listed. Instamart listed on the bourses on November 14.
Leadership
From Idea to Product: A Startup Development Guide
By — Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrow's Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
By — Metla Sudha Sekhar, IT Specialist and Developer
Finance
A2Z Of Money
By — elearnmarkets, Financial Education by StockEdge
Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
By — Metla
