General Catalyst Commits $5B to India Over Five Years

The venture firm plans to target startups across AI, healthcare, defense tech, fintech, and consumer tech.

Published on Feb. 28, 2026

General Catalyst, a Silicon Valley-based venture firm with over $43 billion in assets under management, has announced plans to invest $5 billion in India over the next five years. This marks a significant increase from the $500 million to $1 billion the firm had previously earmarked for the country. The investment will target startups across artificial intelligence, healthcare, defense technology, fintech, and consumer technology.

Why it matters

India is positioning itself as a major AI investment destination, aiming to attract over $200 billion in AI infrastructure investments over the next two years. General Catalyst's increased commitment to the Indian startup ecosystem reflects the country's growing importance as a hub for technology innovation and development.

The details

General Catalyst CEO Hemant Taneja stated that the firm sees Indian founders as uniquely positioned to develop technology for markets serving enormous populations. The firm believes India's biggest AI opportunity lies in large-scale real-world deployment, citing the country's government-built digital infrastructure, vast domestic market, and deep services talent pool as key factors. The investment will support companies from early stage through to the public markets.

  • General Catalyst announced the $5 billion investment commitment on February 19, 2026.
  • The firm plans to invest the $5 billion over the next five years.

The players

General Catalyst

A Silicon Valley-based venture firm with more than $43 billion in assets under management.

Hemant Taneja

The CEO of General Catalyst.

Neeraj Arora

General Catalyst's CEO for India, the Middle East, and North Africa.

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What they’re saying

“India will build the next generation of global platform companies.”

— Hemant Taneja, CEO, General Catalyst (TechCrunch)

“This investment allows us to operate at a different scale in India.”

— Neeraj Arora, CEO for India, the Middle East, and North Africa, General Catalyst (TechCrunch)

What’s next

General Catalyst is developing a framework to accelerate large-scale AI adoption across priority sectors in India, aiming to help convert pilot projects into full deployments. The firm's General Catalyst Institute has also been working to build government-industry partnerships in the country.

The takeaway

General Catalyst's significant increase in its India investment commitment underscores the country's growing importance as a hub for technology innovation and development, particularly in the field of artificial intelligence. The firm's focus on supporting startups from early stage through to the public markets reflects its belief in the long-term potential of the Indian startup ecosystem.