General Catalyst Bolsters India Focus with Venture Highway Merger

General Catalyst Bolsters India Focus with Venture Highway Merger

General Catalyst, a Silicon Valley-based venture capital firm, is merging with Venture Highway, an India-based venture firm. This merger will create a new multi-stage investment strategy for General Catalyst in India, covering early to growth-stage investments across various industries. General Catalyst plans to invest between $500 million to $1 billion in India over the next three years, positioning itself among the largest venture capital firms in the country. The merger is part of General Catalyst's broader strategy to expand its global presence and strengthen its reach in the Indian startup ecosystem.

The newly formed entity will be named General Catalyst India and will be managed by the existing team from Venture Highway, including co-founder Neeraj Arora and managing director Priya Mohan. This merger aims to support the next generation of Indian entrepreneurs and enhance Indo-US-Europe collaboration in sectors such as AI, technology, and industry. General Catalyst's CEO, Steve Taneja, has expressed optimism about future partnerships with Indian companies. The merger comes amid a larger reset in the global venture capital industry and follows General Catalyst's recent efforts to expand its presence in Asia and Europe.

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