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KARTHIK GURUMURTHY
BazaarNow raises Rs 72 crore from Peak XV, others to scale up quick commerce in non-metrosFounded in 2025 by former Zepto executives Priyanshu Jain, Arjun Harish and Tarithmay Mandal, BazaarNow touts itself as a quick commerce pl...
Sachin Tendulkar's athleisure company to venture abroadSachin Tendulkar-backed SRT10 Athleisure, also known as Ten X You, is planning a global expansion after establishing its brand in India. Th...
Over 40 Indian startup leaders transitioned between founding and executive roles in 2024: reportPer data shared by executive search firm Longhouse Consulting, the year saw a trend in the startup ecosystem of some leaders choosing to mo...
Food-delivery startup Swish raises $2 million in maiden round led by VC firm AccelAngel investors such as founders of Urban Company Abhiraj Bhal and Varun Khaitan, former Swiggy Instamart head Karthik Gurumurthy and other...
Sachin Tendulkar pads up to venture out with a new sports brandSachin Tendulkar is set to launch sports athleisure brand with former Swiggy Instamart head Karthik Gurumurthy. Incubated by Whiteboard Cap...
IPO-bound Swiggy appoints Sairam Krishnamurthy as COO of Instamart bizSwiggy appointed Sairam Krishnamurthy as chief operating officer and senior vice president for Instamart. Krishnamurthy's past roles includ...
Swiggy appoints new product head for Instamart among management changesHimavant Srikrishna Kurnala has also been made a senior vice president (SVP), was previously the chief product officer for Reliance Retail’...
Swiggy merges InsanelyGood with InstamartInsanelyGood currently operates in Bengaluru only after a scaledown from six cities last year to reduce cash burn. Orders placed on the ser...
Swiggy names HUL's Ashwath Swaminathan to head growth and marketingSwiggy has appointed Ashwath Swaminathan, a former executive from Hindustan Unilever, as its chief growth & marketing officer. Swaminathan ...
Swiggy Instamart VP Sidharth Satpathy exits, Amazon’s Anirban Roy to succeedSeveral high-level executives have exited IPO-bound Swiggy over the last year, including senior vice president Karthik Gurumurthy, who buil...
Baron Capital slashes Swiggy’s valuation yet again to $6.38 billionBaron Capital had marked down Swiggy’s valuation by 34% to $7.1 billion as of December 2022, which ET reported on May 16.
Swiggy shuts gourmet grocery delivery service HandpickedSwiggy sold premium, gourmet, imported and hard-to-get grocery products through Handpicked.
Swiggy starts charging platform fee for food orders amid stagnant growthThe platform fee is levied in addition to the delivery charge, which is waived for customers of Swiggy One who make an upfront payment and ...
Swiggy CTO Dale Vaz resigns; Eruditus’ FY22 revenue jumps 87%Vaz, who had joined Swiggy as its head of engineering and data science, was promoted to the CTO post in 2020 after Rahul Jaimini, who cofou...
Swiggy CTO Dale Vaz resigns, to be replaced by senior VP Madhusudan RaoThe development comes just days after Karthik Gurumurthy, head of Swiggy’s quick-commerce vertical, Instamart, said he would step aside fro...
Oyo pre-files DRHP, IPO size likely slashed; Unacademy leadership to take salary cutsOravel Stays, which operates budget hospitality chain Oyo, has pre-filed its IPO papers with the stock market regulator Sebi on Friday unde...
Building Instamart has taken a toll: Outgoing head of Swiggy’s quick commerce business Karthik GurumurthyGurumurthy said some of Instamart’s dark stores, of which there are more than 300 across India, are already profitable.
Exclusive: Swiggy Instamart head Karthik Gurumurthy to step aside; cofounder Phani Kishan to take over bizGurumurthy is likely to be heading a new business in the broader ecommerce space at Swiggy. Internally, it is being called Instamart Max.
Quick commerce can be sustainable with right business levers: Swiggy Instamart’s Karthik GurumurthyDuring the funding boom last year, quick commerce grocery startups attracted significant venture capital interest despite no proven profita...
10-minute delivery startups ready to defy downturn as demand surgesStartups like Swiggy Instamart, Zepto, and Reliance-backed Dunzo, etc are trying to defy the current slowdown, as they add more goods and d...