Swiggy Instamart Architect's New Venture Raises $3 Mn Led by Matrix Partners India
Karthik Gurumurthy, the architect behind Swiggy's grocery delivery arm Instamart, has raised $3 Mn (INR 25 Cr) for his new venture in a round led by Matrix Partners India. The bet leans on his quick-commerce expertise from scaling Swiggy's grocery operations.
Swiggy Instamart architect Karthik Gurumurthy's new venture raised $3 Mn (INR 25 Cr) in a round led by Matrix Partners India, tapping quick-commerce expertise behind Swiggy's grocery delivery arm.
Why this matters
Karthik Gurumurthy, who built Swiggy's grocery arm Instamart, is now backed by Matrix Partners India for a new quick-commerce bet, signaling continued VC appetite for founders with proven q-comm operating experience.
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