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

Indian domestic services startup Pronto is in the final stages of securing a significant funding round led by prominent tech investor Lachy Groom, which would establish the company's post-investment valuation at approximately $200 million, according to sources familiar with the matter.

The transaction is anticipated to inject approximately $20 million in new capital into the rapidly expanding company. This represents a remarkable doubling of Pronto's valuation from the $100 million mark achieved during its $25 million Series B funding round led by Epiq Capital in early March, demonstrating exceptional growth momentum in just a few weeks.

The Bengaluru-headquartered startup has demonstrated impressive operational scaling, processing approximately 500,000 orders in the previous month while maintaining a daily order volume of 24,000-25,000 transactions. This represents substantial growth from approximately 18,000 daily bookings recorded in March and a dramatic increase from roughly 1,000 orders processed during the same period last year.

Established in 2025, Pronto operates as an on-demand platform that connects households with verified domestic service professionals for various tasks including cleaning and household maintenance. The company differentiates itself through its commitment to rapid service delivery facilitated by a carefully managed network of service providers.

According to statements made by Pronto founder Anjali Sardana in March, the startup has achieved significant geographical expansion, extending operations from a single city to ten major metropolitan areas including Delhi NCR, Bengaluru, and Mumbai. The company has simultaneously expanded its service coverage from five to more than 150 micromarkets. Despite this broad expansion, operational activity remains concentrated in key markets, with the National Capital Region representing approximately half of total booking volume.

The platform currently supports over 4,500 active service professionals, with approximately 99% being women, as reported by Sardana last month. She noted that demand continues to exceed the company's capacity to onboard new service providers, with booking volumes experiencing approximately 20% week-over-week growth.

Prior to this anticipated funding round, Pronto had accumulated approximately $40 million in total capital. The company's investor portfolio includes notable names such as Epiq Capital, Glade Brook Capital, General Catalyst, and Bain Capital Ventures.

Both Pronto and Lachy Groom declined to provide comments regarding the funding round when contacted.