India's Snabbit valuation doubled to $180M in 5 months on its quick house-help bet
5 Articles
5 Articles
Snabbit raises $30 million in Series C funding led by Bertelsmann at $180 million valuation
This is Snabbit’s third fundraise in nine months, taking its total capital raised to $55 million. Snabbit currently operates in five cities — including Mumbai, Bengaluru and Gurugram — and plans to expand to the top 10 metros within the next two quarters.
Snabbit raises USD 30 mn in funding round led by Bertelsmann India Investments
NEW DELHI, Oct 30: Snabbit, a quick-service platform for on-demand home services, on Thursday said it has raised USD 30 million (about Rs 265 crore) in a Series C funding round led by Bertelsmann India Investments, alongside participation from existing investors Lightspeed, Elevation Capital, and Nexus Venture Partners. This marks Snabbit’s third fundraiser in just nine months, bringing the total capital raised since its 2024 launch to USD 55…
Snabbit raises USD 30 mn in funding round led by Bertelsmann India Investments
New Delhi, Oct 30 (PTI) Snabbit, a quick-service platform for on-demand home services, on Thursday said it has raised USD 30 million (about Rs 265 crore) in a Series C funding round led by Bertelsmann India Investments, alongside participation from existing investors Lightspeed, Elevation Capital, and Nexus Venture Partners. This marks Snabbit's third fundraiser in just nine months, bringing the total capital raised since its 2024 launch to USD …
Bengaluru-based Snabbit, which offers a range of on-demand home services, raised a $30M Series C at a $180M valuation, taking its total funding to $55M
Jagmeet Singh / TechCrunch: Bengaluru-based Snabbit, which offers a range of on-demand home services, raised a $30M Series C at a $180M valuation, taking its total funding to $55M — India's appetite for instant convenience — once confined to food and grocery delivery — is expanding into house help.
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