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

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

April 25, 2026No Comments2 Mins Read
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Pronto, an Indian Instant House-Help Startup, Secures Funding Round Led by Tech Investor Lachy Groom

Pronto, a rapidly growing Indian instant house-help startup, is in the final stages of securing a funding round led by tech investor Lachy Groom. This funding round is expected to value the company at approximately $200 million post-investment, according to sources familiar with the matter.

The forthcoming deal is anticipated to bring in around $20 million in fresh capital, representing a significant increase from the company’s previous valuation of $100 million. Just weeks ago, Pronto raised $25 million in a Series B round led by Epiq Capital, effectively doubling its valuation in a short span of time.

Impressive Growth Trajectory

Based in Bengaluru, Pronto has experienced remarkable growth, completing approximately 500,000 orders last month and currently processing between 24,000-25,000 orders daily. This is a substantial increase from the 18,000 daily bookings in March and the mere 1,000 bookings recorded last year.

Established in 2025, Pronto serves as a platform connecting households with on-demand domestic help for various services like cleaning and chores. The company emphasizes quick turnaround times by leveraging a managed network of workers.

Market Expansion and Operational Success

Since its inception, Pronto has expanded its operations from one city to 10, including prominent locations like Delhi NCR, Bengaluru, and Mumbai. The company has also extended its reach from five micromarkets to over 150, although a significant portion of its business remains concentrated in key markets, with the National Capital Region accounting for half of total bookings.

Currently, Pronto boasts over 4,500 active professionals on its platform, with nearly all of them being women. Despite this strong workforce, the demand for services continues to outstrip the onboarding of new workers, with bookings growing by approximately 20% on a weekly basis.

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Investment Landscape and Future Prospects

Prior to this funding round, Pronto had raised a total of $40 million, with investments coming from prominent firms like Epiq Capital, Glade Brook Capital, General Catalyst, and Bain Capital Ventures.

Both Pronto and Lachy Groom declined to comment on the latest developments.

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Slideshow: Chomping down on chicken innovation

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