Pronto, a New Delhi-based startup offering cleaning, laundry, and home services via app in under 10 minutes, has raised US$11 million in a series A round.

The funding values Pronto at US$45 million post-money, up from US$12.5 million in May.

General Catalyst and Glade Brook Capital co-led the round, with participation from Bain Capital Ventures.

Pronto says its revenue has increased nearly 5x since its public launch three months ago, and the company now handles thousands of bookings daily.

The service operates six hubs in Gurugram, up from two in May, with each hub serving customers within a 1.5-mile radius.

Pronto competes with other startups such as Snabbit and Urban Company in India’s growing quick-service sector.

The company employs 33 people and has about 750 workers on its platform.

Pronto plans to expand to Mumbai, Bengaluru, and other cities over the next 12 to 18 months.

🔗 Source: TechCrunch

🧠 Food for thought

1️⃣ Quick commerce valuations reflect India’s ultra-fast delivery boom

Pronto’s 260% valuation jump in three months mirrors the explosive growth across India’s quick commerce sector, which is projected to reach $5.5 billion by 2025 1.

This rapid appreciation follows a pattern where investors are betting heavily on companies that can deliver products within minutes, as seen with established players like Zepto and Blinkit who have built their businesses around 10-minute delivery promises 1.

The broader e-commerce market in India is expected to grow at 30% annually to reach $200 billion by 2026, providing a strong tailwind for quick commerce startups 2.

Pronto’s significant revenue growth since emerging from stealth demonstrates how quickly Indian consumers are adopting ultra-fast services beyond just food and groceries.

2️⃣ Household services represent a massive untapped quick commerce opportunity