Pronto Closes Series B Round At $45 Mn, Valuation Jumps To $200 Mn

Quick services platform Pronto has closed its Series B funding round at $45 Mn (₹425.3 Cr). In its latest second tranche, the startup has secured $20 Mn (₹189 Cr) from US-based Physical Intelligence founder Lachy Groom.

Pronto raised the latest funds at a valuation of $200 Mn (₹1,890 Cr), double compared to $100 Mn at which it was reportedly last pegged during the first tranche earlier this year.

The startup plans to utilise the fresh funds to strengthen its foothold in its existing cities over the next six months.

This follows the company raising $25 Mn in the first tranche of its Series B round from Epiq Capital, Glade Brook Capital, General Catalyst and Bain Capital Ventures in early March. At the time, the platform said that the funding would be utilised to hire and train more professionals and strengthen its operations across existing markets and service categories.

Founded in 2025 by Anjali Sardana, Pronto offers 10-minute on-demand home services such as sweeping, mopping, kitchen and bathroom cleaning, laundry assistance and other routine chores. In the past few weeks, the startup claims to have introduced new services like car washing and gardening in some micromarkets and is also piloting home cooks in Bengaluru.

The startup also claims to have more than 6,500 professionals under its belt, up from 1,440 in January. Including the current round, the quick home service startup has raised more than $60 Mn to date.

The latest fundraise comes six months after Pronto shifted its headquarters to Bengaluru’s HSR Layout to tap into the city’s tech talent pool, while retaining customer support operations in the erstwhile base Gurugram. It also bagged $11 Mn in its Series A round in August last year. 

The infusion comes amid intensifying competition in the quick services segment. Listed Urban Company’s Insta Help and another rival Snabbit claimed to have crossed 1 Lakh single-day bookings in March. In contrast, Pronto, last heard, was clocking around 18,000 daily bookings.

Amid growing demand for such services, investors are making a beeline for the segment. Earlier last month, Snabbit raised $56 Mn in its Series D round co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments and Bertelsmann India Investments. With this, the startup, founded by former Zepto executive Aayush Agarwal, closed five funding rounds, totalling $112 Mn in less than 15 months.

At the heart of all this is the broader Indian online home services market, which is reportedly projected to become a $1 Bn opportunity by FY30. 

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