Ex-Swiggy Instamart architect Karthik Gurumurthy raises $3M for new venture

Karthik Gurumurthy, credited with architecting Swiggy Instamart, has secured $3 million for a new venture in a round led by Matrix Partners India. The venture’s operating focus was not specified.

— FiledWed, 22 Jul, 2026, 13:01 IST·First seen Wed, 22 Jul, 2026, 13:01 IST·Source Inc42 · Quick Commerce

What happened

Karthik Gurumurthy's New Venture · Karthik Gurumurthy, credited as the architect of Swiggy Instamart, has raised $3 million for a new venture in a funding round

Key facts

  • $3 Mn

Why this matters

The funding creates a venture worth monitoring for partnership, acquisition, or competitive implications once its operating focus and category strategy become clear.