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

Karthik Gurumurthy, who built Swiggy's quick-commerce arm Instamart, has secured roughly $3 million for his new venture in a round led by Matrix Partners India, underscoring sustained investor appetite for India's quick-commerce founder ecosystem.

— Filed Tue, 7 Jul, 2026, 10:47 IST · Source Inc42 · Quick Commerce · Updated

Karthik Gurumurthy, architect of Swiggy's quick-commerce arm Instamart, raised roughly $3 million for his new venture in a round led by Matrix Partners India, signaling continued investor interest in India's quick-commerce founder ecosystem.

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