Former Swiggy Instamart architect Karthik Gurumurthy’s venture raises $3M

Karthik Gurumurthy, credited with helping build Swiggy Instamart, has raised $3 million for his new venture in a round led by Matrix Partners India, according to Inc42.

— Filed Tue, 21 Jul, 2026, 10:46 IST · Source Inc42 · Quick Commerce · Updated

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

Why this matters

The $3 million round follows recent signals reporting the same fundraise for former Swiggy Instamart architect Karthik Gurumurthy’s new venture.

Retail-company signals are accelerating, up 943400% QoQ.

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