Lachy Groom’s investment vehicle leads $20M investment in Indian home services startup Pronto

Lachy Groom, the Australian entrepreneur and co-founder of AI robotics company Physical Intelligence, has led a $20 million extension of the Series B round in Pronto, a Bengaluru-based instant household services platform, bringing the total round to $45 million and doubling the company’s valuation to $200 million within roughly a month. The fresh capital will be deployed to expand Pronto’s presence in existing cities and extend into new household service categories, including car washing, gardening, and home-cooking services currently being piloted in Bengaluru. Founded in 2025 by Anjali Sardana, Pronto connects urban households with trained and background-verified workers for tasks spanning home cleaning, laundry, utensil washing, and meal preparation. The platform now processes approximately 26,000 bookings daily — up from 18,000 at the close of the initial Series B tranche — and has grown its workforce from 1,440 professionals in January to around 6,500 trained workers, operating at over 65% utilisation. Workers receive uniforms, health insurance, and access to welfare schemes through partnerships with organisations such as Haqdarshak. To date, Pronto has raised nearly $60 million from investors including General Catalyst, Bain Capital Ventures, Glade Brook Capital Partners, and Epiq Capital.

About the Lachy Groom family office

Lachy Groom is an Australian entrepreneur who sold his first company nine months after starting it at age 13. He joined Stripe as the company’s 30th employee and later led Stripe Issuing, an end-to-end platform for creating, distributing, and managing physical and virtual cards, while also guiding core payments product, global expansion, and enterprise partnerships, including with Visa, Mastercard, and American Express. After leaving Stripe, he spent roughly five years as an angel investor, making early bets on companies like Figma, Notion, Ramp, and Lattice while searching for the right company to start or join himself. He invests his own capital, stays highly selective, and focuses on being genuinely helpful to founders rather than deploying large amounts of capital across many bets. His portfolio spans over 200 investments and includes unicorns such as Deel and Zepto. In 2024, Groom co-founded Physical Intelligence, an AI robotics firm that has raised $600 million in funding and is valued at $5.6 billion.

Picture Source: Unsplash+
Article Source: Yourstory.com, 11.05.2026

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