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

Karthik Gurumurthy, identified by Inc42 as an architect of Swiggy Instamart, has raised $3 million for his venture in a round led by Matrix Partners India.

— Filed Tue, 21 Jul, 2026, 00:46 IST · Source Inc42 · Quick Commerce · Updated

Karthik Gurumurthy, identified 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 funding follows recent reporting that Swiggy Instamart is testing a physical retail format, while separate recent signals also covered Gurumurthy’s $3M raise.

Leadership is steady at 799 signals in the past 90 days; no QoQ change figure was provided.

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