General Catalyst’s Hemant Taneja on $5 billion India bet, company creation in AI age

Silicon Valley venture capital firm General Catalyst will deploy $5 billion in India over the next five years, across artificial intelligence (AI), defence, healthcare, industrials, and fintech, in one of the largest capital commitments to the country’s startup ecosystem to date.

The firm, which has backed companies such as Anthropic, Anduril, and Zepto, is accelerating its shift from traditional venture investing to a broader platform-led, company-creation model, amid a reset in early-stage funding globally.

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