In 2025, the average urban Indian no longer has to wait a long time (except for government offices and traffic): they just have to order what they need from an application and will be delivered in minutes. The eruption of fast trade in the country meant that millions of Indians are becoming increasingly common not to wait for traditions or getting out of their homes, as newly established businesses will do almost everything, from food and groceries to smartphones and gambling.
It also seems that investors do not want to wait long: a boot from New Delhi called Quicklywhich allows users to book and use cleaning, washing machine and services at home within 10 minutes, tripled its valuation in less than 90 days.
Only in May, when Pronto set a $ 2 million seed round to valuation of $ 12.5 million. The start has now increased a series of $ 11 million in a round of $ 45 million, co-a-co-head-head by General Catalyst and Glade Brook Capital. Existing investor Bain Capital Ventures also participated in this round.
The new funding comes after a steady attraction: Pronto claims that his revenue has increased by almost five times, founder and CEO Anjali Sardana told TechCrunch after being secreted just three months ago.
The start now has the reservations that have nours the “four -digit” every day and expects annual revenue from $ 750,000 to $ 1.5 million, Sardana said, though she refused to reveal accurate data.
“It greatly ends up in two things: one is a momentum and the crazy speed at which we scaled, as well as investors who recognize the quality of the team and how quickly we were executing,” Sardana said, explaining what led investors to finance the A -so soon after.
For investors, Sardana seems to be the primary reason they bet early. “We were very impressed by Anjali,” said Rahul Garg, a partner of General Catalyst. “Given how young she is, as she spent a lot of time in the US, since she comes to India, what she has succeeded, comments from supply partners, customers’ feedback, thinking process and how she wants to build and escalate this business, we found it very inspired.”
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Pronto is not the only startup that connects home workers with consumers. Lightspeed Venture Partners recently supported Snabbit and IPO-Bound Urban Company also offers a similar service.
Garg told TechCrunch that India has 180-190 million nuclear families who are potential customers for household services and a semi-dedicated and unskilled $ 35 million labor that could take advantage of a cumulative fee of 35 billion dollars.
“Whatever the way you see the market, this is large enough for many players to build a durable business,” he said.
Extension plans
Pronto now has six knots in Gurugram, a satellite city of New Delhi, two in May. Each of these nodes serves customers at a distance of 1.5 miles.
The start initially met 70% to 80% of the demand of 500 meters from households, as its first two nodes were in densely populated residential areas. It has now created nodes at intersections so that its employees can quickly reach many smaller areas.
Pronto’s main customers work professionals and see high demand. “The help of households is widespread in India. And therefore, these are cases of use where demand is quite concentrated, even in small waterproofing basins,” Garg said.
The start is now planning to expand both to Gurugram and new markets, such as Mumbai, Bangalore and other big cities in the next 12-18 months.
Pronto has a staff of 33 people and has about 750 employees registered on its platform.
