PE-VC Fund Investments
Home services startup Snabbit to raise $30-M in Series C round
Bengaluru-based on-demand home service platform Snabbit , is to raise INR 265.4 crore (approx. USD 30 million) in a Series C funding round led by Bertelsmann, with participation from existing investors Lightspeed Venture Partners, Elevation Capital and Nexus Venture Partners.Founded in 2024 by Aayush Agarwal, Snabbit connects households with trained professionals for tasks such as cleaning, dishwashing, and laundry, with service providers available within 10 minutes.The company, which recently relocated its base from Mumbai to Bengaluru, plans to use the new funds to meet its working capital needs, fund capital expenditure to sustain growth, expand its user base in India, and address general corporate purposes.
Between May 2024 and May 2025, Snabbit had attracted about USD 26 M from Elevation Capital, Lightspeed Ventures, Nexus Venture Partners.
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