Silicon Valley-based venture capital firm General Catalyst has announced its acquisition of India-focused early-stage investor Venture Highway. This strategic move aims to broaden General Catalyst's presence in the Indian startup ecosystem. The Venture Highway brand will cease to exist and will be rebranded as General Catalyst India. General Catalyst plans to invest between $500 million to $1 billion in the country from its global fund. Venture Highway, known for backing unicorns such as Meesho and Moglix, will see its existing portfolio potentially benefit from follow-on investments by General Catalyst. This marks the first major consolidation in the US-India venture corridor in 16 years. Venture Highway was founded by former WhatsApp executive Neeraj Arora.
🚨 First major consolidation in the US-India venture corridor in 16 years 🇺🇸🇮🇳🦄 2006 - Sequoia acquired WestBridge. Split in 2011 2008 - Accel acquired Erasmic 2024 - General Catalyst buys Venture Highway https://t.co/uZwCH5F0B2
General Catalyst merges with Venture Highway in India push https://t.co/lvEflqNlOL
🚨 Rare consolidation in the venture business Silicon Valley's General Catalyst to acquire Venture Highway, an early investor in Meesho and MPL Venture Highway to be rebranded as General Catalyst India https://t.co/uZwCH5F0B2
🚨 🚨 Rare consolidation in the venture market. Silicon Valley's General Catalyst has acquired Venture Highway, the seed-stage investment firm started by former WhatsApp executive Neeraj Arora. https://t.co/m6U6nQ8vVg
Most of the capital from Venture Fund's third fund (VH Fund 3) has largely been deployed and all new investments will be made via the General Catalyst brand name. General Catalyst will also look at Venture Highway's existing portfolio for follow on investments. General Catalyst… https://t.co/sOLZPHcZtH
General Catalyst has merged with Venture Highway as the two look to deepen their reach in #India, the world’s third-largest startup ecosystem. Know more 👇 https://t.co/oNYEBQ5CIe #USA #Startups #Meesho
🚨General Catalyst merges with Venture Highway to sharpen India focus https://t.co/TKnbXmNv8K via @moneycontrolcom
🏮Silicon Valley-based VC @generalcatalyst is expanding its presence in India by merging with homegrown venture firm @venturehighway - that’s backed unicorns such as Meesho and Moglix. https://t.co/LsHuFBbVAF
Global VC giant @generalcatalyst acquires early stage investor Venture Highway to expand presence in Indian startup ecosystem @CNBCYoungTurks https://t.co/fY99mX90VW
🚨🚨 Silicon Valley-based VC firm @generalcatalyst said it will acquire India-focussed early-stage investor @venturehighway to broaden its local play. Details here 👇👇
General Catalyst makes India push with Venture Highway merger: https://t.co/tBQm5WA4cJ by TechCrunch #infosec #cybersecurity #technology #news
🚨🚨 Silicon Valley investor General Catalyst has acquired Indian early stage fund Venture Highway 💸 The Venture Highway brand will cease to exist hereon, and the entity will become General Catalyst India 💸 GC will invest up to $1bn in India from its global fund
General Catalyst makes India push with Venture Highway merger https://t.co/4g9C0JOQiq
New: General Catalyst, one of the world's largest VC firms, is expanding its presence in India by merging with local venture firm Venture Highway and earmarking between $500m to $1b for investments in the country.
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