Priya Mohan, a partner at Silicon Valley-based venture capital firm General Catalyst, has announced her resignation. In a statement, Mohan said, “After 22 years of an amazing and rewarding professional journey, I have decided to take a break — I do not know ‘what next’ (yet), but despite the uncertainty, I am feeling a remarkable sense of exhilaration.”
Mohan joined General Catalyst in 2024 following the firm’s merger with India-focused early-stage investor Venture Highway, where she had been managing partner. At Venture Highway, she led investments in startups such as FamPay and BetterPlace.
Alongside cofounder Neeraj Arora, Mohan steered the firm’s $60 million third fund before the transition. Before her venture capital career, Mohan co-founded Vidyartha, a Bengaluru-based edtech platform acquired by Byju’s in 2017. She also worked in equity research and investment banking.
Mohan is a chartered accountant and a management graduate from the Indian School of Business. General Catalyst, known globally for backing companies including Airbnb, Snap, Canva, and Stripe, has also invested in Indian startups such as Zepto, Pronto, and PB Health.
Mohan resigns from General Catalyst
The firm last year closed its $8 billion Fund XII, with a focus on artificial intelligence, healthcare, fintech, climate, defense, and industrial technologies. Mohan’s departure adds to a wave of leadership changes in the venture capital sector. In recent months, several high-profile executives have stepped down from their roles, including Mirae Asset Venture Investments’ India CEO Ashish Dave, Peak XV Partners’ managing directors Shailesh Lakhani and Abheek Anand, and Nexus Venture Partners’ Sameer Brij Verma.
Eight Roads Ventures’ Asia managing partner Raj Dugar and Peak XV’s partner Shraeyansh Thakur also announced exits earlier this year. The reasons for Mohan’s departure have not been disclosed by General Catalyst. Her tenure at the firm was marked by significant investments in startups and her insight into accelerating tech sectors.
Mohan’s next steps remain unknown, but her impact on the industry and General Catalyst will be felt for years to come. As the tech and venture capital world reacts to this news, stakeholders will be watching closely to see how General Catalyst manages this transition and continues to steer its investment portfolio amidst changing market dynamics. The firm is expected to announce Mohan’s successor and any interim arrangements in the coming weeks.