Ex-Swiggy Instamart Architect's Venture Raises $3 Mn Led by Matrix Partners India
A new venture founded by former Swiggy Instamart architect Karthik Gurumurthy has netted $3 million in a round led by Matrix Partners India, underscoring sustained investor appetite for India's quick commerce sector.
A new venture led by former Swiggy Instamart architect Karthik Gurumurthy raised $3 million in a funding round led by Matrix Partners India, signaling continued investor interest in India's quick commerce space.
Why this matters
The raise builds on reporting that Swiggy Instamart architect Karthik Gurumurthy's new venture netted $3 Mn led by Matrix Partners India, highlighting continued backing for quick commerce talent.
Retail-company theme is accelerating, up 876400% QoQ.