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

Karthik Gurumurthy, the architect behind Swiggy Instamart, has secured $3 million (INR 25 Cr) for his new Bengaluru-based venture in a round led by Matrix Partners India, signaling continued investor appetite for founders from the quick commerce space.

— Filed Thu, 16 Jul, 2026, 12:16 IST · Source Inc42 · Quick Commerce · Updated

Karthik Gurumurthy, architect behind Swiggy Instamart, has raised $3 million (INR 25 Cr) for his new Bengaluru-based venture in a round led by Matrix Partners India.

Why this matters

The raise adds to coverage of Swiggy Instamart's architect launching a new venture, echoing prior signals on Karthik Gurumurthy's $3 Mn round led by Matrix Partners India and continued investor interest in quick commerce talent.

Leadership signals holding steady with 746 signals over the past 90 days.

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