General Catalyst

The company will use the funds to expand its shift-based home services model to Mumbai, Bengaluru and other metros over the next 12-18 months.

General Catalyst-backed Pronto shifts domicile from US to India within a year of launch

The shift aligns with Pronto’s expansion plans in the fast-growing instant home services market, where well-funded startups and incumbents are racing to capture urban consumers.

Chai Bisket secures $5 million from InfoEdge Ventures, General Catalyst to launch microdrama platform Chai Shots

Chai Shots, a mobile-first streaming platform, will offer microdramas in 2-minute episodes. The platform will debut with original content in Telugu and later expand into multiple languages in the coming months.

Global AI Conclave: Politics has infiltrated Silicon Valley for the first time; not dealt with this before, says General Catalyst’s Hemant Taneja

His comments come at a time when the entire tech fraternity is discussing Tesla chief Elon Musk’s close ties with US President-elect Donald Trump and the influence the former has on the government.

Global AI Conclave: India will be at a disadvantage if it doesn’t join the LLM race, says General Catalyst’s Hemant Taneja

LLM is an advanced AI system trained on vast amounts of text data to understand and generate human-like language. It can answer questions, write text, and assist with tasks by predicting words based on context.

Zepto raises $1 billion in two months; closes $340 million funding round led by General Catalyst

Zepto’s total fundraise came in two tranches. The first $665 million round closed on June 21 and the remaining $340 million came on August 29, as first reported by Moneycontrol.

Zepto draws interest for $250 million more following $665 million raise; General Catalyst, Sovereign Funds queue up

If the round closes, Zepto will become the only company to have raised over $1 billion in such a short span this year, surpassing Flipkart which raised $950 million in May. Such funding frenzy was last seen in 2020 and 2021.

General Catalyst merges with Venture Highway to sharpen India focus

General Catalyst will invest anywhere between $500 million and $1 billion in India over the coming years now that it will have a more nuanced understanding of the local ecosystem. The Venture Highway brand will no longer exist.

General Catalyst’s Anand Chandrasekaran quits, to focus on his AI startup Crescendo

General Catalyst has invested an estimated $250 million across 25-30 startups in India over the past 3-4 years.

General Catalyst weighs Venture Highway acquisition to deepen India focus

While the two VC firms have initiated conversations, talks are still in the initial stages, and the final details may change closer to the time, people familiar with the matter told Moneycontrol.

Taking a down round is not a big deal, startups have to move on: General Catalyst’s CEO Hemant Taneja

According to Hemant Taneja, the VC firm plans to invest 10-20% of the 11th General Fund, which has a total amount of approximately $4.6 billion, in India.

Accel-backed Orange Health announces first ESOP, equity buyback worth $1 mn

Half of the $1 million buyback will constitute ESOPs while the other half would be equity held by its investors.

Finance automation platform CashFlo raises Rs 70 crore from General Catalyst, Elevation Capital

The startup will use the funding to grow its product lines for the CFO function, invest in core technology, and grow its vendor financing offering

Web3 startup Fitmint raises $1.6 million led by General Catalyst

Fitmint is a move-to-earn app with in-built NFT gaming and social-fi elements allowing users to earn rewards in crypto or NFTs by walking, running or working out

Fitness app Fitmint raises $1.6 million in funding round led by General Catalyst

Fitmint is a 'Move-to-Earn' startup with in-built NFT gaming and social-fi elements where users can earn rewards in crypto/NFTs by engaging in physical exercises such as walking, running or working out.

Accel-backed fintech Uni raises Rs 50 crore in debt from Stride Ventures

Uni’s debt fundraise comes at a time when equity funding to Indian startups is slowing. Consequently, many startups, especially the ones that need cash to survive, are shifting to offshore debt and venture debt.

Diagnostic lab service, Orange Health raises $25 million led by Bertelsmann India Investments, General Catalyst

The funds raised will be deployed in product development as well as technology across systems, user experience, and building laboratories. The company also plans to expand to new markets and strengthen its teams across all functions. 

Healthcare and insurance startup Loop raises $25 mn in Series B round

The company said will use the fresh funds to drive sales growth, product development, and for strategic hiring.

General Catalyst to double down on investments in India, crypto and Web 3.0 in focus

The US-based investment firm is bullish on India and sees an opportunity to invest in Web 3.0 startups as well as fintech, healthcare, enterprise and consumer firms

B2B food supply startup FarMart raises $32 million in Series B funding round

FarMart banks on tech and data to source at scale and uses underutilised assets in the food value chain to build a high growth and contribution margin profitable business.

Cred raises $81 million from DST Partners, others at $800 million valuation, buys back ESOPs

Existing investors such as Sequoia Capital, Ribbit Capital, Tiger Global, General Catalyst also participated in the round. New investors include hedge fund Coatue Management and Satyan Gajwani, Vice Chairman of Times Internet.