India's Snabbit closes $56M round as investor interest in on-demand home services heats up

India's Snabbit closes $56M round as investor interest in on-demand home services heats up

Snabbit now processes over 40,000 daily jobs and has cut costs sharply as it expands across cities and services.

Snabbit’s $56 Mn Series D backs leadership bid in India’s $60 Bn quick home services market

Bengaluru: Snabbit, India’s fastest-growing quick home services platform, today announced a $56 million Series D round co-led by Bertelsmann India Investments, which is doubling down on its investment in the company, along with Susquehanna Venture Capital and Mirae Asset Venture Investments’ Unicorn Growth Fund. Existing investors Nexus Venture Partners and Lightspeed also participated, alongside new investor FJ Labs Inc., a leading global marke…

Snabbit Raises $56 Million to Accelerate Expansion in India’s Home Services Market

Snabbit, an Indian on-demand home services platform, has secured $56 million in a fresh funding round led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments. Existing backers Nexus Venture Partners and Lightspeed also participated, alongside new investor FJ Labs Inc. With this latest round, the company’s valuation has more than doubled from its previous $180 million, although it did not disclose it…

India’s Snabbit closes $56M round as investor interest in on-demand home services heats up

Snabbit now processes over 40,000 daily jobs and has cut costs sharply as it expands across cities and services.