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LACHY GROOM
ETtech Deals Digest: Sarvam mega round lifts startup funding to $403 million this week, up 36% on-yearIndian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million i...- Pet care firm Vetic raises $40 million led by Bessemer Venture PartnersVetic, a pet care startup, has secured $40 million in funding. This investment will fuel the expansion of its clinic network, adding 25 new...
- Retail investors’ bond rush; Rapido’s angels exitHappy Thursday! Retail participation in corporate bonds is surging as platforms ramp up awareness efforts. This and more in today’s ETtech ...
- Instant househelp startups burn $14-15 million in May as discounts heat upInstant home services platforms like Urban Company, Snabbit, and Pronto are aggressively spending millions on discounts again to capture ma...
- Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Early-stage tech draws VC interest across aviation, biotech, precision manufacturingInvestors are prioritising smaller, early-stage deals in deeptech sectors like AI, healthcare, and precision manufacturing, shying away fro...
- Instant house-help startup Pronto bags $20 million as valuation doubles to $200 millionInstant house help startup Pronto has secured $20 million, doubling its valuation to $200 million. This funding will fuel supply scaling am...
- Instant domestic help apps face worker unavailability amid rapid scaling, high competitionInstant domestic help platforms like Urban Company, Snabbit, and Pronto are experiencing worker shortages. This is causing limited availabi...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- Tech investor Lachy Groom in talks to back Pronto; valuation set to double at $200 millionUS investor Lachy Groom is in talks to invest $15-20 million in Pronto. This funding round values the instant househelp startup at $200 mil...
- Physical Intelligence in talks to raise $1 billion at $11 billion valuationThis round of funding for the startup, founded in 2024 by AI researchers, including former Google DeepMind scientists, and focussed on deve...
- ETtech Deals Digest: Startups raise $60 million this week, down 79% on-yearThe number of deals during the week was also down at just 19 transactions, compared to 34 in the corresponding week last year.
- Even Healthcare raises $20 million from Lachy Groom, Alpha Wave, Sharp VenturesBengaluru-based startup Even Healthcare has raised $20 million (about Rs 180 crore) from existing backers Lachy Groom and Alpha Wave Global...
- Drone startup Airbound raises $8.65 million in seed funding; aims to cut delivery cost to one rupeeThe round was led by Lachy Groom, cofounder of Physical Intelligence, with participation from Humba Ventures, Lightspeed Venture Partners, ...
- AI startup Speak raises $16 million in funding led by Lachy GroomThe funding round, in which existing investor OpenAI Startup Fund and new investors like Dropbox founders Drew Houston and Arash Ferdowsi a...
- Pet care startup Vetic raises $3.7 million in seed fundingThe startup will use the capital to bolster its technology, establish state-of-the-art medical infrastructure, and expand its network of cl...
- Pet care startup Vetic raises 3.7 million in a seed funding roundThe freshly raised capital will be used by the company towards further bolstering technology, establishing state-of-the-art medical infrast...
- Healthcare startup Even raises $15 million in funding from Alpha Wave and AspadaBangalore-based Even raised $15 million after a $5 million fundraise in its seed round.
- Qualgro leads $8 million Series A round in SaaS firm HevoHevo helps businesses in integrating multiple sources of data from functions such as sales, marketing, operations, and finance, enabling co...
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