Reported about 7 hours ago
Pronto, a New Delhi startup offering home services within 10 minutes, has tripled its valuation from $12.5 million to $45 million in just 90 days following a successful $11 million Series A funding round. The company reported a near fivefold increase in revenue and anticipates substantial annual recurring revenue. With demand for household help surging, Pronto plans to expand its operations while capitalizing on India's vast market of working professionals and available workforce.
Source: YAHOO