In a move that’s catching the startup world by surprise, Pronto — a fast-growing home services startup — is preparing to move its legal base from Delaware, USA, back to India. What makes this especially interesting is the timing. Most startups only consider this kind of reverse flip when they’ve matured and are on the verge of going public. Pronto is flipping back just months after…
Stance Health, a startup aiming to transform the way musculoskeletal (MSK) care is delivered in India, has successfully raised $1 million in a pre-seed funding round. Led by General Catalyst, the funding also saw participation from Antler, DEVC, and EX Capital, who are the founders of the health-tech company Sword Health. Additionally, the round attracted a handful of prominent angel investors…
Introduction:
Mayank Bidawatka, the co-founder of the popular social media platform Koo, is back with a new venture—Billion Hearts Software Technologies. The startup has raised an impressive $4 million in a seed funding round led by Blume Ventures, General Catalyst, and Athera Venture Partners. This funding comes after an earlier angel investment of $250,000 from founders of top companies like…
U.S. venture capital powerhouse General Catalyst has announced a substantial $8 billion fund aimed at fueling investments in early-stage startups across multiple sectors globally. This bold initiative highlights the firm’s commitment to supporting innovation in the U.S., Europe, and India.
Breakdown of the New Funding
The $8 billion capital is structured into several key components:
Core VC…
In a significant development for the artificial intelligence landscape, Mukesh Bansal, the founder of Myntra and Cultfit, has launched a new venture, Nurix AI, which has successfully raised $27.5 million in one of the largest seed funding rounds to date. The round was co-led by Accel and General Catalyst, two prominent venture capital firms, and aims to fuel the development of custom AI solutions…
Zepto, the rapidly growing quick commerce company, has successfully raised $340 million in its latest follow-on financing round, propelling its valuation to a remarkable $5 billion. This funding round marks Zepto’s third major capital infusion within the past year, bringing its total capital raised in the last 12 months to over $1 billion.
The company initially aimed to secure $400 million but…
As a co-founder of General Catalyst, I’ve had the privilege of witnessing and contributing to the evolution of technology and innovation over the years. Our journey at General Catalyst has been deeply intertwined with the transformative power of entrepreneurship, guiding us to invest in ideas that shape industries and redefine possibilities.
At its core, General Catalyst is driven by a…
In January, Credit card charge installment application CRED reported its Series C round drove by DST Global. While the organization didn’t reveal a lot of subtleties of the financing round, Fintrackr has decoded the numbers from its administrative filings.
CRED has passed a unique goal to dispense 2,52,305 Series C inclination shares at an issue cost of Rs 223,791.52 each to raise Rs 600.3 crore…
