Quick services platform Pronto has announced the successful closure of its Series B funding round, securing a total of $45 million (approximately ₹425.3 crore). This latest funding injection includes a significant second tranche of $20 million (₹189 crore) from Lachy Groom, founder of US-based Physical Intelligence. The round propels Pronto’s valuation to $200 million (₹1,890 crore), doubling its previous valuation of $100 million from earlier this year.
Strategic Expansion Fueled by New Capital
The newly acquired capital is earmarked for strengthening Pronto’s operational footprint in its existing cities over the next six months. This strategic move aims to solidify its market position and enhance service delivery capabilities. The company’s growth trajectory is further underscored by the initial $25 million raised in the first tranche of its Series B round in early March. That earlier funding saw participation from prominent investors including Epiq Capital, Glade Brook Capital, General Catalyst, and Bain Capital Ventures. At the time of the first tranche, Pronto stated its intention to utilize the funds for expanding its professional workforce, enhancing training programs, and bolstering operations across its current markets and service categories.
Pronto’s Business Model and Service Offerings
Founded in 2025 by Anjali Sardana, Pronto specializes in providing rapid, on-demand home services. The platform offers a range of services that can be completed in approximately 10 minutes, including sweeping, mopping, kitchen and bathroom cleaning, and laundry assistance, alongside other routine household chores. In recent weeks, Pronto has been actively expanding its service portfolio. The startup has introduced new offerings such as car washing and gardening in select micromarkets and is currently piloting a home cook service in Bengaluru. This diversification reflects Pronto’s commitment to meeting evolving consumer needs in the home services sector.
Significant Growth in Workforce and Funding History
Pronto has demonstrated remarkable growth in its operational capacity, with its professional workforce increasing to over 6,500 individuals, a substantial jump from the 1,440 professionals reported in January. Including the current Series B round, the quick home service startup has now raised over $60 million in total funding to date. Prior to this Series B round, Pronto secured $11 million in its Series A funding in August of the previous year. The company also made a strategic decision to relocate its headquarters to Bengaluru’s HSR Layout six months ago, a move aimed at leveraging the city’s rich tech talent pool, while maintaining its customer support operations in Gurugram.
Competitive Landscape in the Quick Services Segment
The latest funding infusion comes at a time of intensifying competition within the quick services segment. Major players like Urban Company, with its Insta Help service, and rival Snabbit have reported significant booking volumes, with Snabbit claiming to have surpassed 100,000 single-day bookings in March. Pronto, in comparison, was reported to be managing around 18,000 daily bookings. The broader Indian online home services market is experiencing robust investor interest, with projections indicating it could become a $1 billion opportunity by FY30. This burgeoning market has attracted substantial investment, as seen with Snabbit’s recent $56 million Series D round, co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments. Snabbit, founded by former Zepto executive Aayush Agarwal, has secured a total of $112 million across five funding rounds in less than 15 months, highlighting the sector’s high growth potential and investor appetite.
