Pronto
Mumbai-based on-demand domestic services startup that doubled its valuation in a single month.
“You basically take a kit, you apply, you install it onto a machine and that machine becomes autonomous. Some of these machines are like 20 years old. Some of them are new.”
Source→“You never go to a customer and say, give me a percentage of your stuff. You go to a customer and say, here's the price of our stuff. And if it does really well for you, we think we should get a little more scratch... Don't be crass about it.”
Source→“We had a bunch of other subsidiaries doing cool stuff. And I said, which one do you guys want to do? Do you want to invest in mining? Do you want to invest in food? And they're just like, we want to invest in you... So then what we did is we put the companies together and then sold the equity in a singular entity.”
Source→“Anthony Lewandowski who is one of my top leads on autonomy back at Uber was running Pronto, which was an autonomous mining company... I was the biggest investor in Pronto. I'm like, let's go. So, acquired Pronto and now I'm in the mining business”
Source→“We can go to a gold mine CEO right now and say, would you like to get 20% more gold per year? We don't get no... And in the autonomy world, it's about it's better than human productivity.”
Source→“Pronto raised $20M at $200M valuation for 'on-demand cleaning, laundry, and home services within 10 minutes.' Based in Mumbai.”
Source→“Pronto...has reportedly raised a $20 million round at a $200 million post-money valuation, double the valuation of a $25 million Series B it raised just last month.”
“Pronto...has reportedly raised a $20 million round at a $200 million post-money valuation, double the valuation of a $25 million Series B it raised just last month.”
“Raised a $20 million round at a $200 million post-money valuation, double the valuation of a $25 million Series B it raised just last month.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.