Investor Lachy Groom backs India’s Pronto in deal valuing startup at $200M
Lachy Groom is set to back Indian startup Pronto in a deal valuing the company at $200 million, signalling strong investor interest in emerging tech ventures.
Pronto, an instant house-help platform based in India, is in the process of closing a new funding round led by tech investor Lachy Groom that would place the company’s valuation at approximately $200 million following the investment.
The round is expected to raise around $20 million in fresh capital. It represents a significant increase from the $100 million valuation at which Pronto secured $25 million in its Series B round earlier in March. Epiq Capital led the earlier round, and the new valuation effectively doubles the company’s value within a few weeks, according to individuals familiar with the matter.
Headquartered in Bengaluru, Pronto reported completing roughly 500,000 service orders last month. The company is currently handling between 24,000 and 25,000 orders per day, a notable rise from approximately 18,000 daily bookings recorded in March and a substantial increase from around 1,000 daily orders last year.
Established in 2025, Pronto connects households with on-demand domestic workers for tasks such as cleaning and household chores, offering quick service turnaround through a managed workforce network.
In March, Pronto’s founder, Anjali Sardan, stated that the company had expanded its operations from a single city to 10 locations, including Delhi-NCR, Bengaluru, and Mumbai, and had grown from 55 to more than 150 micromarkets. Despite this expansion, a significant portion of activity remains concentrated in a limited number of areas, with the National Capital Region contributing about half of total bookings.
The platform currently has more than 4,500 active professionals, with approximately 99% of them being women, according to Sardana. She also noted that demand has continued to outpace onboarding for new workers, with bookings increasing by an estimated 20% week over week. Before his round, Pronto had raised close to $40 million in total funding. Its existing investor base includes Glade Brook Capital, General Catalyst, and Bain Capital Ventures, alongside Epiq Capital.
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