Synopsis
Pronto has crossed 500,000 completed bookings and reached 22,000 daily orders by March-end, marking one year since launch. Growth in the househelp segment continues, with Urban Company and Snabbit also scaling rapidly. Pronto also raised $25 million in a recent funding round, valuing it at around $100 million.She also shared that Pronto completes one year this week.
This comes just a few days after Urban Company announced that its quick service vertical, InstaHelp, surpassed one million monthly completed bookings in March. In February, the company recorded 840,000–850,000 orders for the InstaHelp service.
Meanwhile, Snabbit reached one million orders in March, founder Aayush Agrawal announced around the same time. In December, the Bengaluru-based startup had reported 500,000 orders, which increased to 830,000 in February.
In March, ET reported that major players in the househelp segment, including Urban Company, Snabbit and Pronto, together crossed 2 million monthly orders in February, up 45–50% from around 1.3 million in December.
Pronto’s daily bookings in March mark a significant rise from the 15,000 Sardana said the platform had reached within 10 months of launch. Additionally, she had said that Pronto burned just over $8 million in the past year.
“None of this happens without the more than 5,000 Pros who trust us with their livelihoods and the families who welcome them in. This responsibility shapes every decision we make. Hundreds of millions of people in India do the hardest work and still have the least to show for it. Year two,” Sardana concluded the post.
Earlier in March, Pronto raised $25 million in a funding round led by Epiq Capital, with participation from existing investors Glade Brook Capital, General Catalyst, and Bain Capital Ventures. The round valued the company at around $100 million.
