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

Karthik Gurumurthy, credited with building Swiggy Instamart, has secured $3 Mn in a round led by Matrix Partners India for his new venture. The raise underscores sustained investor appetite for founders with quick-commerce operating pedigree.

— Filed Mon, 6 Jul, 2026, 20:46 IST · Source Inc42 · Quick Commerce · Updated

Karthik Gurumurthy, architect of Swiggy Instamart, has raised $3 Mn for his new venture in a round led by Matrix Partners India, signaling continued investor interest in quick-commerce-linked founders.