General Catalyst Announces USD 5 Bn India Investment Over Five Years

General Catalyst has announced plans to invest USD 5 billion in India over the next five years, marking one of the largest venture capital commitments to the country.

The announcement was made during a global CEO roundtable attended by Narendra Modi and Ashwini Vaishnaw at the India AI Impact Summit.

The firm, known for backing companies such as Canva, Zepto and Anthropic, plans to support Indian startups across intelligence, healthcare, defence technology, fintech and consumer technology. The investment will span seed to growth stages and include company creation and strategic investments.

“India’s current generation of innovators is solving for billion-person complexity that can reshape global markets—something no other ecosystem can replicate,” said Hemant Taneja, CEO of General Catalyst, in a LinkedIn post.

Taneja highlighted India’s demographic advantage, noting that nearly one million young people enter the workforce each month. “A digital-native generation, given the right tools and platforms, will drive entrepreneurship, AI adoption, and economic participation at a scale no other country can match,” he said.

He added that India’s IT sector, employing over 5.8 million people and serving as the world’s largest IT exporter, positions the country strongly for the AI era. According to Taneja, this talent base can help drive innovation and direct customer engagement.

AI is also expected to transform healthcare and education. “The same country that gave the world generic pharmaceuticals and has the largest school-age population in the world can use AI to close gaps in healthcare and education that have persisted for generations,” he said.

Taneja also noted strengthening ties across the US-India and Europe-India corridors, stating that shared democratic values and complementary capabilities support long-term collaboration.