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A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom

Published

3 weeks ago

May 6, 2026

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Lachy Groom, one of Silicon Valley’s most closely watched solo investors, decided to back Indian startup Pronto just 20 minutes into his first meeting with its 24-year-old founder.

The meeting, which took place in February through a mutual connection, led to Groom investing $20 million in Pronto as an extension of its Series B round, valuing the startup at $200 million after the investment — double its valuation just over two months earlier, as TechCrunch had previously reported. The deal came together within weeks, bringing the solo investor on board as the Bengaluru-based startup expands to meet growing demand for on-demand home services in India.

Groom said he was drawn to Pronto’s ambition to build what he called the world’s largest platform for organizing domestic labor, starting with India’s vast and largely unstructured workforce. “The work underneath that is genuinely hard, and most attempts in adjacent categories have struggled with the operational discipline,” he said, adding that Pronto founder Anjali Sardana (pictured above) and her team were operating “at a level I haven’t seen elsewhere in this space.”

Before founding Pronto in 2025, Sardana worked at Bain Capital and venture firm 8VC, where she gained early exposure to investing and high-growth startups. The startup connects households with workers for everyday tasks such as cleaning and basic home services.

The introduction was arranged through Paul Hudson, founder of Glade Brook Capital, who connected Groom and Sardana during her trip to San Francisco earlier this year. Glade Brook has backed startups founded by both: Pronto, which Sardana leads, and Physical Intelligence, where Groom is a co-founder. Hudson and Groom have also backed Indian quick-commerce startup Zepto.

Sardana said Groom’s investment approach is heavily founder-driven. “He indexes two things. One is the founder, and that’s 95% of it. If he loves the founder, then he will invest,” she told TechCrunch, adding that the rest comes down to the scale and potential of the business.

Groom’s bet comes as a clutch of startups in India race to build instant home services platforms, a category that is seeing rapid adoption among urban households as more consumers turn to on-demand help for everyday tasks.

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The opportunity is significant. A recent Bank of America note, reviewed by TechCrunch, estimates the instant home services market in India could grow into a $15 billion to $18 billion industry by the end of the decade, as companies including Pronto, Snabbit, and Urban Company’s InstaHelp compete for share in the fast-growing category.

Competition is intensifying, with heavy capital inflows and aggressive pricing, particularly to attract first-time users. Bank of America estimates that Snabbit and Urban Company’s InstaHelp each account for about 40% of the market, while Pronto has around a 20% share, even as it scales rapidly. The category is expected to remain “burn-heavy” over the next two to three years.

Despite trailing larger rivals, Pronto has been scaling rapidly, growing from around 18,000 bookings a day to 26,000 in just over a month. The startup is focused on driving repeat usage, betting that turning occasional demand into frequent, habit-driven usage will be key to winning the category, with its top 10% of users accounting for about 40% of bookings.

This growth has also brought challenges, particularly in building out supply. Pronto has expanded its network of service workers to 6,500, up from 1,440 in January. But Sardana said demand continues to outpace supply, making forecasting and capacity management key challenges as the startup grows.

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Related Topics:20minute Backing Groom Indian Lachy pitch Pronto startup wins

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Jos Gunners Set for Mega Celebration as Arsenal Victory Parade, UCL Watch Party Hit the City

Published

25 minutes ago

May 27, 2026

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Jos is set to come alive in Arsenal colours as fans across Plateau State prepare for the much-anticipated Jos Arsenal Victory Parade, UEFA Champions League Watch Party, and Arsenal Awards Night in what promises to be one of the biggest fan gatherings in the city.

The event, described as the ultimate Gooners’ link-up, will bring together Arsenal supporters from across the state for an evening packed with celebration, entertainment, and football passion — with free entry for everyone.

Activities kick off on Saturday, May 30, with the Victory Parade scheduled to begin at 3:00 PM sharp from Terminus, by Zenith Bank, as fans are expected to flood the streets in Arsenal jerseys to celebrate in style.

The celebration will then move to Tamarald Event Centre (Outdoor), off Old Airport Junction, from 4:00 PM, where guests will enjoy an exciting lineup of activities.

Organisers have promised premium entertainment featuring free party jollof for the first 50 attendees, sizzling barbecue, music performances, comedy, dance showcases, special Arsenal awards presentations, and the official launch of a brand-new Arsenal-themed song.

Supporters are simply encouraged to show up in their Arsenal jerseys and be part of the unforgettable experience.

The event is supported by Areo Global Services, Malangwa Media Empire, Nugroove Multimedia, Grace Dimensions Ministries, Dabels Cakes and Catering, Jos Metro Foods, Da Zone Concepts, Joe B Entertainment, Royal K.O.C, and the Gunners Rhythm Gang.

For enquiries, support, and table reservations, interested participants can contact:

07031001105

08126007839

For Jos Gooners, this is more than an event — it is a celebration of football, community, and Arsenal pride.

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Eric Chelle Plots Another ‘Surprise Package’ For 2026 Unity Cup Final

Published

42 minutes ago

May 27, 2026

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Super Eagles’ coach, Eric Sekou Chelle has hinted that he will unleash another ‘surprise package’ on his team’s next opponent at this year’s ongoing Unity Cup in London, Sports247 reports.

Speaking against the backdrop of Tuesday’s 2-0 victory over Zimbabwe in the competition’s opening match at Charlton Athletic FC’s home ground, The Valley, Chelle said he was impressed with what his array of rookies were able to achieve against The Warriors.

While not singling out any of the lads for particular mention, the Franco-Malian tactician admitted he was surprised by the team’s performance, considering that most of the lads were playing together for the first time.

The former coach of Mali’s national team and MC Oran football club of Algeria further hinted that many of those who featured in Tuesday’s game justified their inclusion in the list of invitees and showed that they can even be counted on to feature in the main Nigerian squad.

With his eyes now fully set on Saturday’s final at the same venue, Chelle inferred that he may not roll out the same starting 11, considering that some of Nigeria’s Grade-A players are also in camp and were rested for the opening game in order to give the rookies their own opportunities to shine.

However, Chelle noted further that there’s a strong likelihood of the next clash being against perennial Unity Cup rivals, Jamaica, who dragged the Eagles into penalties’ shootout before Nigeria could win last year’s final at Brentford’s BTech Stadium also in London.

With that in mind, the gaffer is already thinking of tinkering his squad list for the final but, while keeping hid plans close to his chest, Chelle stressed that the enthusiasm of all the lads in camp has made it possible for him to roll out tactical surprises at will.

Chelle said, “I was truly surprised by the performance of the players against Zimbabwe. I was surprised, because they played as if they had been together for six months or one year.

“In reality, it was the first time, but they showed that we can always make surprises happen in the Unity Cup. We are now looking at the next opponent in the final.”

Sports247 gathered that there is a strong possibility that Wilfred Oyinyen Ndidi will captain the squad on Saturday, while Moses Simon and Jerome Akor Adams line out alongside new rave of the moment, Femi Azeez, in attack.