Lachy Groom to back India startup Pronto at a $200M valuation, sources say

· Source: TechCrunch · Field: Business & Management — Entrepreneurship & Start-ups, Capital Markets & Investment Management, Operations & Process Management · Depth: Fundamental Awareness, quick

Summary

Pronto, an Indian instant house-help startup, is finalizing a funding round led by tech investor Lachy Groom, which would value the company at approximately \$200 million post-investment and inject about \$20 million in fresh capital. This deal marks a rapid doubling of its valuation from \$100 million in early March, following a Series B round led by Epiq Capital. Founded in 2025 and based in Bengaluru, Pronto connects households with on-demand domestic help, completing around 500,000 orders last month and handling 24,000-25,000 daily orders. The startup has expanded to 10 cities, including Delhi NCR, Bengaluru, and Mumbai, and operates with over 4,500 active professionals, 99% of whom are women. Prior to this, Pronto had raised about \$40 million from investors including Epiq Capital, Glade Brook Capital, General Catalyst, and Bain Capital Ventures.

Key takeaway

Indian instant house-help startup Pronto is finalizing a \$20 million funding round led by Lachy Groom, valuing the company at \$200 million—a doubling in weeks. This rapid growth is fueled by 24,000-25,000 daily orders, up from 1,000 last year, and expansion to 10 cities with over 4,500 professionals. The investment underscores strong market demand and investor confidence in India's domestic services sector, despite ongoing challenges in worker onboarding.

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Editorial summary, takeaway, and curation by AIssential. Original article published by TechCrunch.