India, Feb. 20 -- US-based venture capital firm General Catalyst plans to invest $5 Bn (around Rs.45,483 Cr) in Indian startups over the next five years.

The VC firm made the announcement at the ongoing 'India AI Impact Summit 2026', betting on India's ability to produce tech companies for the world across various sectors over the next decade.

It said that the investment will primarily be focused on platform-defining startups across AI, healthcare, defence tech, fintech, and consumer technology. The capital will be deployed in seed to growth-stage startups.

General Catalyst, which has over $25 Bn in assets under management, has backed more than a dozen Indian startups, including Spinny, FarMart, STAN, Orange Health, among others.

Gene...