Pronto To Raise $12 Mn From General Catalyst, Glade Brook Capital

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Delhi NCR-based home services startup Pronto, which raised $2 Mn earlier this month, is in advanced discussions with investors to raise about $12 Mn in Series A funding, sources told Inc42.

The round will see participation from two new foreign investors – Glade Brook Capital and General Catalyst, the sources added. Existing investor Bain Capital Ventures will also be a part of the round. 

“The talks are ongoing and a few processes are yet to be finished. The round will close in 3-4 weeks,”…



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Pronto To Raise $12 Mn From General Catalyst, Glade Brook Capital


Delhi NCR-based home services startup Pronto, which raised $2 Mn earlier this month, is in advanced discussions with investors to raise about $12 Mn in Series A funding, sources told Inc42.

The round will see participation from two new foreign investors – Glade Brook Capital and General Catalyst, the sources added. Existing investor Bain Capital Ventures will also be a part of the round. 

“The talks are ongoing and a few processes are yet to be finished. The round will close in 3-4 weeks,”…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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