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

Karthik Gurumurthy, a key architect behind Swiggy Instamart, has raised roughly $3 Mn for his new venture in a round led by Matrix Partners India, underscoring sustained investor appetite for founder-led quick-commerce startups.

— Filed Fri, 3 Jul, 2026, 11:00 IST · Source Inc42 · Quick Commerce · Updated

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

Why this matters

The raise extends investor interest in ex-Swiggy Instamart leadership building new quick-commerce ventures, echoing prior signals on Gurumurthy's $3 Mn round led by Matrix Partners India.

Leadership signals steady at 571 in the past 90 days.

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