Swiggy Instamart architect Karthik Gurumurthy’s venture raised $3M, resurfacing a January 2024 deal

Karthik Gurumurthy, credited with helping build Swiggy Instamart, raised $3 million for his venture in a funding round led by Matrix Partners India, a deal that closed back in January 2024 and is now resurfacing.

— Filed Wed, 22 Jul, 2026, 10:01 IST · Source Inc42 · Quick Commerce · Updated

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

Why this matters

The signal follows recent coverage of Gurumurthy’s $3M raise and reports that the former Instamart architect’s January 2024 deal has resurfaced.

Retail-company signals are accelerating, up 982100% QoQ.