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

· startups · Source ↗

TLDR

  • Pronto, an Indian on-demand house-help startup, is closing ~$20M led by Lachy Groom at a $200M valuation.

Key Facts

  • The round would double Pronto’s valuation from $100M, reached just weeks ago in a March Series B led by Epiq Capital.
  • Bengaluru-based Pronto processed ~500,000 orders last month and now runs 24,000-25,000 daily, up from 1,000 a year ago.
  • The startup operates in 10 cities across 150+ micromarkets; the National Capital Region accounts for roughly half of bookings.
  • Pronto has over 4,500 active professionals, ~99% women, and had raised about $40M total before this round.

Why It Matters

  • A valuation doubling in weeks signals unusually fast order growth, not a typical funding timeline.
  • Prior backers include General Catalyst, Bain Capital Ventures, and Glade Brook Capital, giving Groom notable co-investors.

Jagmeet Singh, TechCrunch · 2026-04-25 · Read the original