Pronto, a quick home services startup, has successfully closed its $25 million Series B funding round. The round, led by Epiq Capital, saw the company’s post-money valuation more than double to $100 million. The latest funding round also included contributions from existing investors like Glade Brook Capital Partners, General Catalyst, and Bain Capital Ventures.
This is Pronto’s second fundraise within six months. Last August, it raised $11 million in Series A funding, led by General Catalyst. Unlike many startups that avoid sharing their valuation details, Pronto openly disclosed both the round size and its new valuation.
According to Pronto’s filing with the Registrar of Companies (RoC), the company issued 6,522 Series B preference shares at an issue price of Rs 3,48,436 each. This raised a total of Rs 227.25 crore (approximately $25 million). The breakdown shows that Epiq Capital invested Rs 72.7 crore ($8 million), while Glade Brook Capital, General Catalyst, and Bain Capital Ventures invested Rs 72 crore, Rs 45 crore, and Rs 36 crore, respectively. Additionally, Bengaluru-based meme marketing agency WLDD and some angel investors contributed to the round.
Pronto’s Rapid Growth and Market Position
Pronto, founded by Anjali Sardana in 2025, connects households with verified domestic workers for on-demand, 10-minute home services. Operating across Delhi NCR, Bengaluru, and Mumbai, the startup has seen impressive growth. Daily bookings have surged from 1,000 to over 18,000 in just seven months, showcasing strong demand for its services.
The company’s valuation jumped by over 2.3X from Rs 390 crore in its Series A round to Rs 909 crore ($100 million). This growth is a reflection of its rapid success in the highly competitive home services market, which has seen a surge in funding.
Shareholder Breakdown and Founder’s Stake
With the successful Series B round, Glade Brook Capital emerged as the largest external shareholder, holding a 15.4% stake in the company. Bain Capital Ventures and General Catalyst hold 14.26% and 12.47%, respectively. Epiq Capital, the new investor, acquired an 8% stake in Pronto.
Meanwhile, Pronto’s sole founder, Anjali Sardana, saw her stake diluted to 38.33% after the latest funding. The company also maintains an ESOP (Employee Stock Ownership Plan) pool of 10.92%, valued at Rs 100 crore.
The home services sector has witnessed sharp growth in recent years. Other players in the market, like Snabbit, have secured significant investments. Snabbit raised over $50 million across three funding rounds, bringing its valuation to $172 million. Similarly, Pronto faces stiff competition from Urban Company, which recently reported that its new Insta Help service crossed 50,000 daily bookings in its first year.
Pronto is also up against Snabbit, which recorded over 8 lakh bookings in February alone. Despite the competition, Pronto’s rapid growth, strong investor backing, and increasing market share position it well to continue expanding and competing in the home services space.
A Promising Future for Pronto
Pronto’s success in raising $25 million in its Series B round reflects its growing impact in the home services industry. The company’s valuation surge to $100 million demonstrates the confidence investors have in its potential. As Pronto continues to expand and face competition from other established players, its focus on rapid scaling and innovation will likely keep it at the forefront of the sector. With the right partnerships and continued demand for its services, Pronto is well-positioned for a promising future.
