Pronto plans to use funds to fuel its expansion into Mumbai and Bengaluru, onboard 10,000 professionals, and invest in ...

Pronto has raised $11 million in an all-equity Series A round co-led by General Catalyst and Glade Brook Capital at a post-money valuation of $45 million.

The shift aligns with Pronto’s expansion plans in the fast-growing instant home services market, where well-funded startups and incumbents are racing to capture urban consumers.

The company will use the funds to expand its shift-based home services model to Mumbai, Bengaluru and other metros over the next 12-18 months.

Bain Capital Ventures participated in the funding round that valued the company at $45 million (around Rs 394 crore) post the round. The fresh capital will also be used to onboard and train 10,000 ...

Bain Capital is considering an initial public offering of retailer Bob’s Discount Furniture for as soon as later this year, ...

Inspire Entertainment Resort in South Korea has named Sangwon Lee as chief transformation officer. The appointment took ...

When startups receive funding can have as big an impact on innovation as how much funding they get, according to researchers ...

Gentex has released its first quarterly report since acquiring VOXX International, a maker of consumer and automotive ...

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