In 2025, the typical city Indian not wants to attend very lengthy for a lot (besides at authorities places of work and in site visitors): They merely need to order what they want from an app, and it’ll be delivered inside minutes. The explosion of quick-commerce within the nation has meant that hundreds of thousands of Indians are getting more and more used to not having to attend for deliveries, or step out of their properties, as startups vie to make nearly every part, from meals and groceries to smartphones and gaming consoles, accessible inside minutes.
It appears buyers, too, don’t need to wait lengthy: A budding startup out of New Delhi known as Pronto, which lets customers guide and avail cleansing, laundry and residential companies inside 10 minutes, has tripled its valuation in lower than 90 days.
It was solely in Might when Pronto raised a $2 million seed round at a $12.5 million valuation. The startup has now raised an $11 million Collection A spherical at a post-money valuation of $45 million, co-led by Normal Catalyst and Glade Brook Capital. Present investor Bain Capital Ventures additionally participated on this spherical.
The brand new funding comes within the wake of stable traction: Pronto claims its income has risen by practically 5 instances, founder and CEO Anjali Sardana instructed TechCrunch, because it got here out of stealth barely three months in the past.
The startup now has bookings numbering within the “four-digits” each day, and expects annual recurring income within the vary of $750,000 to $1.5 million, Sardana stated, although she declined to reveal actual figures.
“It largely comes down to 2 issues: one being momentum and the insane velocity at which we have been scaling, in addition to simply buyers recognizing the standard of the workforce and how briskly we have been executing,” Sardana stated, explaining what led buyers to fund the Collection A so quickly after its seed spherical.
For buyers, Sardana appears to be the first motive they wager this early. “We have been very impressed by Anjali,” stated Rahul Garg, a associate at Normal Catalyst. “Given how younger she is, on condition that she spent a whole lot of her time within the U.S. after she’s come to India, what she’s been capable of obtain, the suggestions from provide companions, the suggestions from clients, her thought course of, and the way she needs to construct and scale this enterprise, we discovered it very inspiring.”
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Pronto shouldn’t be the one startup connecting home employees with shoppers. Lightspeed Enterprise Companions lately backed Snabbit, and IPO-bound City Firm additionally provides an analogous service.
Garg instructed TechCrunch that India has 180–190 million nuclear households who’re potential clients for family companies, and a semi-skilled and unskilled workforce of 35 million that would faucet a $35 billion cumulative wage pool on this area.
“Whichever means you take a look at the market, that is giant sufficient for a number of gamers to construct an endurable enterprise,” he stated.
Growth plans
Pronto now has six hubs in Gurugram, a satellite tv for pc metropolis of New Delhi, up from two in Might. Every of those hubs serves clients inside 1.5 miles.
The startup initially met 70% to 80% of demand from inside 500 meters of households, as its first two hubs have been positioned in densely populated residential areas. It has now arrange hubs at intersections so its employees can attain a number of smaller, spread-out sectors shortly.
Pronto’s major clients are working professionals, and it’s seeing excessive demand. “Family assist may be very prevalent in India. And subsequently, these are use instances the place demand is sort of concentrated, even in small catchment areas,” Garg stated.
The startup now plans to broaden each inside Gurugram and into new markets, together with Mumbai, Bengaluru, and different main cities, within the subsequent 12–18 months.
Pronto has a headcount of 33 folks and has round 750 employees signed up on its platform.