Former Swiggy Instamart architect Karthik Gurumurthy's $3M Matrix-led round resurfaces from January 2024

Karthik Gurumurthy, identified as an architect of Swiggy Instamart, had raised $3 million for a new venture in a funding round led by Matrix Partners India, a January 2024 move resurfacing now.

— Filed Wed, 22 Jul, 2026, 11:16 IST · Source Inc42 · Quick Commerce · Updated

Karthik Gurumurthy, identified as the architect of Swiggy Instamart, raised $3 million for his venture in a funding round led by Matrix Partners India.

Why this matters

The signal aligns with recent reports that former Swiggy Instamart architect Karthik Gurumurthy raised $3M and that his venture’s January 2024 deal has resurfaced, renewing attention on the same financing event.

retail-company is accelerating, up 986600% QoQ.