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

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

— Filed Fri, 24 Jul, 2026, 10:46 IST · Source Inc42 · Quick Commerce · Updated

Karthik Gurumurthy, 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 recent signals on Gurumurthy's $3 million venture round and Swiggy Instamart's testing of physical retail beyond quick-commerce delivery.

Leadership is steady at 853 signals in 90 days; no QoQ percentage was provided.

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