India’s Snabbit valuation doubled to $180M in 5 months on its quick house-help bet
India’s appetite for instant convenience — once confined to food and grocery delivery — is expanding into house help. That shift has helped Snabbit, an on-demand home-help startup, secure $30 million in new funding and lift its valuation to $180 million, up from $80 million five months ago. The all-equity Series C round — Snabbit’s third fundraise in nine months — was led by Bertelsmann India Investments, with participation from existing backers Lightspeed, Elevation Capital, and Nexus Venture Partners. The latest infusion brings the startup’s total funding to $55 million. Snabbit’s fresh funding follows a sharp rise in activity, with the Bengaluru-based startup growing from about 1,000 jobs a day in May to more than 10,000 daily bookings. The company crossed…
