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

Karthik Gurumurthy, credited as the architect behind Swiggy's quick-commerce arm Instamart, has raised $3 Mn (₹24.9 crore) for a new venture in a round led by Matrix Partners India. The venture's name and sector remain undisclosed.

— Filed Thu, 9 Jul, 2026, 09:45 IST · Source Inc42 · Quick Commerce · Updated

A new venture founded by Karthik Gurumurthy, credited as architect of Swiggy's quick-commerce arm Instamart, raised $3 million in a round led by Matrix Partners India. Venture name and sector were not disclosed.