[EXCLUSIVE] General Catalyst set to invest $10M in Primus Life’s $25M fundraise

Quick Summary:

The investment is part of the first few deals for the Silicon Valley-based General Catalyst, after its acquisition of India-based Venture Highway.

Primus Life, which is looking to raise up to $25 million in a funding round, has also initiated discussions with other private investors, three people with direct knowledge of the matter told YourStory.

The investment in Primus also marks a slight shift for Venture Highway, which has traditionally focused on supporting early-stage ventures.

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: India

Topics: Highway General Life Senior India Venture Crore Investment Million Catalyst Primus

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-14 @ 07:13:20 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 474 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23032165

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 12 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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