Swish raises $24 million to expand 10-minute food delivery
Swish, which runs its own kitchens and delivers food in about 10 minutes, just raised $24 million from Bertelsmann India Investments and earlier backers. The money will go to expanding into new cities, strengthening its network, and building over 1,000 kitchens in five years. Swish claims its monthly orders have tripled since March and now exceed a million. The company promises over 80% of deliveries within 15 minutes.
- Swish operates in five Indian cities already
- Monthly orders now top one million
- Aims to build 1,000+ kitchens in five years
- Deliveries typically take under 15 minutes
- Total funding now stands at $78 million
Sources covering this
More in Startups
Uber invests $10 million more in Carrum Mobility
Uber has put another $10 million into Carrum Mobility, an Indian fleet management startup. This brings its total investment for the year to $17 million. Carrum runs a platform for managing CNG and electric vehicle fleets, focusing on premium cars for Uber Black. The new cash will help Carrum expand to more cities, improve its tech, and hire more staff.
Google says startup accelerator alumni now valued at $139 billion
Google says startups graduating from its accelerator programs have hit a combined valuation of $139.2 billion. Since launching its first accelerator ten years ago, Google reports alumni collectively raised $47.8 billion and now employ 205,100 people. The company currently runs 20 accelerator programs spanning early-stage startups, nonprofits, AI labs, and app developers, across six continents.
Félix raises $200M for WhatsApp remittance tool
Félix, which lets Latino immigrants send money home via WhatsApp, just raised $200 million in Series C funding. Andreessen Horowitz put in $87 million of equity; General Catalyst gave $113 million in growth debt. The Miami startup says it’s handled over $8 billion in payments so far, serving U.S. users with families in 11 Latin American countries. Félix plans to expand into new markets with the cash.
Venture-backed startup IPOs surge past $110 billion in 2026
So far in 2026, private startups have raised $110.8 billion from IPOs—almost nine times last year’s haul for the same stretch, thanks mostly to SpaceX’s $86 billion debut in June. Crunchbase flags more to watch before year-end, including Anthropic, which could go public as soon as September or October and reportedly may raise up to $100 billion if it does.