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PRONTO VALUATION
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...
- The world is becoming training data for AI, for which everyone is unprotectedPronto, a home services startup, is facing criticism for using body-camera footage from workers inside customers’ homes to train AI and rob...
- Udaan’s pre-IPO top-up; Tata’s Assam chip hub test runHappy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.
- Of kitchens & cosmetics: Snabbit forays into beauty services after home cooksInstant house help platform Snabbit has launched a salon-at-home offering, connecting customers with beauty professionals within minutes. P...
- Customers unsure about making house help apps a habit even as investors fall for the crazeQuick commerce is transforming domestic help hiring in India. New apps offer on-demand house help, attracting investor attention. These pla...
- Instant house help startups see bookings top three million in April amid labour shortageAs platforms raise prices and battle for workers, questions are emerging around the long-term size and profitability of the 10-minute house...
- Instant househelp orders jump; Agnikul eyes new fundingHappy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Mor...
- Quick-service apps compete to woo women workers away from the informal economyQuick-service apps like Snabbit and Pronto are formalising the domestic workforce with flexible shifts and attractive monthly payouts, draw...
- Optimising to win, capture market share in InstaHelp: Urban Company CEO Bhal as firm reports 57x jump in net lossHome services platform Urban Company reported a 57-fold jump in net loss to Rs 161 crore in the March quarter of FY26, primarily due to inc...
- 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...
- 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...
- Snabbit raises $56 million from Susquehanna VC, Mirae, others; valuation doubles to $350 millionSnabbit, an instant house help startup, has secured $56 million in a new funding round. This investment, led by Susquehanna Venture Capital...
- 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...
- Quick service platform Snabbit appoints Abhinav Ankur as chief business officerQuick service platform Snabbit has appointed Abhinav Ankur as its chief business officer. This move comes as the house help segment experie...
- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Zepto vs rivals; Cybersecurity goes outsourcedAs Zepto lines up a public markets debut this year, a look at how it stacks up against rivals Blinkit and Instamart. This and more in today...
- Pronto raises $25 million led by Epiq Capital; valuation hits $100 millionExisting backers Glade Brook Capital, General Catalyst and Bain Capital Ventures also participated in the round. Pronto's valuation has mor...
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