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

A new venture from Karthik Gurumurthy, a key figure behind Swiggy Instamart's quick-commerce grocery build-out, has secured $3 million in a round led by Matrix Partners India, signaling investor appetite for founder-led plays from proven quick-commerce operators.

— Filed Fri, 10 Jul, 2026, 15:16 IST · Source Inc42 · Quick Commerce · Updated

A new venture by Karthik Gurumurthy, a key architect behind Swiggy Instamart's quick-commerce grocery service, has raised $3 million in a round led by Matrix Partners India.

Why this matters

A former Swiggy Instamart architect's new venture raising $3 Mn from Matrix Partners India underscores how proven quick-commerce operators are attracting early founder-led backing.

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