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

Karthik Gurumurthy, the operator credited with building Swiggy Instamart's quick-commerce arm, has launched a new venture backed by a $3 million round led by Matrix Partners India. The move signals fresh founder-led activity in the quick-commerce ecosystem.

— Filed Thu, 9 Jul, 2026, 16:15 IST · Source Inc42 · Quick Commerce · Updated

A new venture by Karthik Gurumurthy, the architect behind Swiggy Instamart's quick-commerce arm, has raised $3 million in a round led by Matrix Partners India.