Indian Startup Pronto Raises $20 Million from Lachy Groom After Brief Meeting

Thu, 07 May 2026 03:34:00 +0200

In a rapid turn of events, Indian on-demand home services startup Pronto secured a $20 million investment from prominent Silicon Valley solo investor Lachy Groom after only a 20-minute meeting with founder Anjali Sardana. The investment, part of an extension of Pronto's Series B funding, values the Bengaluru-based company at $200 million, doubling its valuation from just two months prior. Pronto connects households with service workers for everyday tasks such as cleaning and basic home services, and has been experiencing rapid growth, scaling daily bookings from 18,000 to 26,000 within a month and expanding its workforce from 1,440 to 6,500. Groom was impressed by Sardana's operational discipline and the team's ability to manage a challenging and largely unstructured workforce. The instant home services market in India is projected to grow into a $15-$18 billion industry by 2030, with competitors like Snabbit and Urban Company’s InstaHelp dominating the market. Despite trailing these l