Snabbit's Swift Expansion: A 30 Million Dollar Leap Forward

Snabbit, the on-demand home services platform, confirmed a successful Series C funding round on Thursday, securing USD 30 million led by Bertelsmann India Investments and supported by existing investors such as Lightspeed, Elevation Capital, and Nexus Venture Partners.

This round is Snabbit's third fundraising effort in nine months, summing up the total funds raised to USD 55 million since its launch in 2024. The company aims to use this new investment to expand into new micro-markets and broaden its range of services to include categories like cooks, child care, and elderly care.

Founded by CEO Aayush Agarwal, Snabbit has quickly scaled its operations, offering services like cleaning, dishwashing, laundry, and kitchen prep through a 100% women-led workforce. The company, which recently moved its headquarters to Bengaluru, is focused on delivering dignified employment opportunities.