Swiggy Instamart Architect Karthik Gurumurthy's New Venture Raises $3 Mn Led By Matrix Partners India

Karthik Gurumurthy, who built Swiggy Instamart's quick-commerce arm, has secured $3 Mn in a funding round led by Matrix Partners India. The raise signals sustained investor appetite for the quick-commerce ecosystem and founder-led bets from proven operators.

— Filed Thu, 2 Jul, 2026, 13:30 IST · Source Inc42 · Quick Commerce · Updated

A new venture by Karthik Gurumurthy, architect of Swiggy Instamart's quick-commerce arm, raised $3 Mn in a round led by Matrix Partners India, signaling continued investor interest in the quick-commerce ecosystem.

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