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A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom

TL;DR AI

Key summary

2 min read
  1. Lachy Groom invested $20 million in Pronto through a Series B extension after a brief first meeting with founder Anjali Sardana.

  2. The deal lifts the Bengaluru startup’s valuation to $200 million as it expands in India’s instant home-services market.

  3. Pronto is growing fast, but it faces intense competition, supply constraints, and heavy category-wide spending.

  4. The funding highlights strong investor interest in a market that could become a multibillion-dollar opportunity.

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