Silicon Valley's General Catalyst merges with Venture Highway, creating General Catalyst India to invest $500M-$1B in Indian startups.

Silicon Valley-based venture capital firm General Catalyst merges with Indian venture firm Venture Highway. The combined entity plans to invest $500M - $1B in India over the next three years, focusing on early- and growth-stage startups across various industries. Venture Highway's active portfolio will be integrated into General Catalyst India, led by former WhatsApp business head Neeraj Arora and General Catalyst's Priya Mohan.