$5 billion commitment announced at India AI Impact Summit
US-based venture capital firm General Catalyst has announced plans to invest $5 billion in India over the next five years. The announcement was made during the India AI Impact Summit in New Delhi, signalling one of the largest long-term capital commitments by a global venture capital firm in the Indian startup ecosystem.
Focus on AI, healthcare, fintech, defence, and industrial tech
General Catalyst CEO Hemant Taneja said the investment will be deployed across sectors including artificial intelligence, healthcare, fintech, defence, and industrial technology. Beyond funding startups, the firm also plans to actively support company creation initiatives in India, reflecting a long-term strategic approach to building global technology companies from the region.
Expanding presence after Venture Highway acquisition
General Catalyst formally entered India in 2023 through the acquisition of Venture Highway, an early-stage venture capital firm known for backing high-growth startups. The acquisition significantly strengthened General Catalyst’s access to early-stage founders and helped accelerate its investment activities in the country.
Existing portfolio includes high-growth Indian startups
General Catalyst has already built a strong Indian portfolio, with investments in startups such as Zepto, PB Health, Raphe mPhibr, and Jeh Aerospace. The firm invests across seed, early, and growth stages through its global investment vehicles, supporting companies across emerging technology and industrial sectors.
India’s talent and digital infrastructure driving investor confidence
According to Hemant Taneja, India’s strong digital public infrastructure and deep talent pool were key drivers behind the firm’s expanded investment commitment. General Catalyst plans to work closely with founders, institutions, and ecosystem partners to build globally competitive companies from India.
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