Swiggy Instamart architect Karthik Gurumurthy's $3m Matrix-led round resurfaces from January 2024

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

— Filed Thu, 23 Jul, 2026, 18:46 IST · Source Inc42 · Quick Commerce · Updated

Karthik Gurumurthy, credited as the architect of Swiggy Instamart, raised $3 million for his venture in a funding round led by Matrix Partners India.

Why this matters

The resurfaced January 2024 round aligns with recent signals on Karthik Gurumurthy's $3M Matrix-led raise and his former role as a Swiggy Instamart architect.

Leadership is steady, with 847 signals recorded in the past 90 days; no QoQ change was provided.