Swiggy Instamart Architect Karthik Gurumurthy Raises $3 Mn for New Venture, Led by Matrix Partners India

Karthik Gurumurthy, a key architect behind Swiggy Instamart, has launched a new startup that secured $3 million in funding led by Matrix Partners India. The startup's name, sector, and other backers remain undisclosed.

— Filed Sun, 19 Jul, 2026, 18:17 IST · Source Inc42 · Quick Commerce · Updated

Karthik Gurumurthy, an architect of Swiggy Instamart, has launched a new venture that raised $3 million led by Matrix Partners India. Startup name, sector, and other participants were not disclosed.

Why this matters

Signals continued leadership churn around Swiggy Instamart, following the resurfaced August 2024 appointment of ex-HUL executive Sairam Krishnamurthy as COO. A key architect now exits to build independently.

Leadership signals steady at 780 in the past 90 days.