General Catalyst Explores VC Deal to Expand Presence in India

General Catalyst Expands Footprint in Indian Startup Market with Acquisition Talks

General Catalyst, one of the largest US venture capital firms, is in discussions to acquire an India-focused VC in order to expand its presence in the fast-growing South Asian startup market. The move comes as General Catalyst aims to tap deeper into India’s vibrant technology scene, which has attracted over $100 billion in startup investments since 2010. With its engagement with Venture Highway, the US firm is seeking to bolster its existing portfolio of Indian startups, including CRED, Spinny, and Orange Health. However, the deal has not been finalized, and details such as the target fund could change.