Ex-Swiggy Instamart Architect Karthik Gurumurthy Raises $3 Mn Led by Matrix Partners India

Karthik Gurumurthy, a key architect behind Swiggy's quick-commerce platform Instamart, has secured $3 million in funding led by Matrix Partners India for a new venture. The business model remains undisclosed, though the founder's Instamart pedigree signals a likely retail or commerce play.

— Filed Thu, 9 Jul, 2026, 14:46 IST · Source Inc42 · Quick Commerce · Updated

Karthik Gurumurthy, an architect of Swiggy's quick-commerce platform Instamart, raised $3 million led by Matrix Partners India for a new venture. Details about the venture's business model were not disclosed.