Former Swiggy Instamart architect Karthik Gurumurthy's $3M raise resurfaces, from January 2024

Karthik Gurumurthy, credited with building Swiggy Instamart, had raised $3 million for his new venture in a funding round led by Matrix Partners India, a move from January 2024 now resurfacing.

— Filed Wed, 22 Jul, 2026, 06:16 IST · Source Inc42 · Quick Commerce · Updated

Karthik Gurumurthy, credited 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 resurfaced funding follows reports of Gurumurthy’s venture raising $3 million and Swiggy Instamart appointing former HUL executive Sairam Krishnamurthy as COO.

Leadership is steady at 820 signals in the past 90 days; no QoQ change was provided.