TLDR:
General Catalyst and Venture Highway have merged to focus on India opportunities, with the goal of strengthening global seed capability and fueling collaboration between Indo-US-Europe. This merger will allow them to invest in unique opportunities and challenges in India’s core sectors.
General Catalyst, a U.S.-based venture capital firm, has merged with India-focused early-stage investor Venture Highway to focus on opportunities in India.
The acquisition of Venture Highway will allow General Catalyst to strengthen its global seed capability and play a role in fueling Indo-US-Europe collaboration.
The combined capabilities of the two firms will enable them to be more hands-on and effective in supporting founders at the earliest stages in India.
Venture Highway, founded in 2015, has backed startups such as betterplace, highperformr, meesho, moglix, mpl, and tracxn. The merger with General Catalyst marks a pivotal moment in Venture Highway’s 10-year journey.
The new venture aims to combine global networks and capital with a deep understanding of the Indian market. They plan to invest in digitizing and expanding core GDP-driving sectors like manufacturing and developing industry-specific incubation and partnership strategies.
