Swiggy Instamart Architect Karthik Gurumurthy's New Venture Raised $3 Mn Led by Matrix Partners India, Resurfacing a January 2024 Deal

Karthik Gurumurthy, credited as an architect of Swiggy Instamart, secured $3 Mn for his new venture in a round led by Matrix Partners India, a deal from January 2024 now resurfacing. Details on the startup remain undisclosed, but the pedigree and backing signal a fresh play in the retail-adjacent space.

— Filed Fri, 17 Jul, 2026, 09:33 IST · Source Inc42 · Quick Commerce · Updated

Karthik Gurumurthy, an architect of Swiggy Instamart, has raised $3 Mn for his new venture in a round led by Matrix Partners India, per an Inc42 report. Further details on the venture were unavailable.