TLDR:
- Venture Highway merges with General Catalyst to invest $500 million to $1 billion in Indian startups
- General Catalyst plans to deepen its roots in key global markets
New Delhi-based Venture Highway has merged with Silicon Valley’s General Catalyst to bolster the focus on Indian startups. The merger will see General Catalyst investing between $500 million and $1 billion in Indian startups over the next three years. Neeraj Arora and Priya Mohan will lead the efforts in India under the new brand name General Catalyst India. Despite the merger, Venture Highway’s existing portfolio companies will continue to be managed as before. General Catalyst’s strategy includes developing industry-specific incubation and partnership strategies to build large enterprises from India for the global market. The move follows General Catalyst’s previous mergers to strengthen its presence in key global markets, positioning it as one of India’s largest venture capital firms. This merger aims to amplify the Indo-US-Europe collaboration in various industries.
