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wish secures 2 million funding to challenge food delivery giants in india
Swish, a rapid food delivery startup founded by Shah, Ujjwal Sukheja, and Saran S in May 2024, has secured $2 million from Accel and various angel investors. The company aims to compete in the burgeoning 10-minute food delivery market against Swiggy, Zomato, and Zepto, which has rapidly grown into a $5.5-billion industry in India. With Zepto Cafe already achieving an annualized revenue run rate of Rs 160 crore, Swish is poised to capitalize on the quick commerce trend.