Ex-Swiggy Instamart Architect Karthik Gurumurthy Raises $3 Mn Led by Matrix Partners India
A new Bengaluru-based venture founded by Karthik Gurumurthy, the former architect of Swiggy Instamart, has secured $3 Mn in a funding round led by Matrix Partners India, signaling continued investor appetite for quick-commerce and retail-adjacent startups.
A new Bengaluru-based venture led by Karthik Gurumurthy, former architect of Swiggy Instamart, has raised $3 Mn in a round led by Matrix Partners India.
Why this matters
The raise comes as ex-Swiggy Instamart architect Karthik Gurumurthy strikes out independently, even as Swiggy Instamart itself faces scrutiny after FSSAI issued nine notices over food safety complaints.
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