Times of India | Snabbit raises $56 million, company valued at $390 million

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Snabbit, a Bengaluru‑based on‑demand home‑services startup, has raised $56 million in a funding round co‑led by Susquehanna Venture Capital, Mirae Asset Venture Investments and Bertelsmann India Investments, valuing the company at roughly $390 million; founder and CEO Aayush Agarwal declined to comment on the valuation.

Read more: https://timesofindia.indiatimes.com/business/india-business/snabbit-raises-56-million-company-valued-at-390-million/articleshow/130593308.cms

#Snabbit #Susquehanna #MiraeAsset #BertelsmannIndia #AayushAgarwal

Times of India | Home services startup Snabbit raises $56 million

AI generated summary, Read the full article for complete information.

Snabbit, a Bengaluru‑based on‑demand home‑services platform, has secured $56 million in a Series D financing round co‑led by Susquehanna Venture Capital, Mirae Asset Venture Investments and Bertelsmann India Investments, with participation from Nexus Venture Partners, Lightspeed and FJ Labs. The funding values the company at roughly $390 million and brings its total capital raised to $112 million. Snabbit plans to use the capital to improve unit economics, bolster its operating infrastructure, and expand into additional cities while maintaining a hyper‑local model. The startup currently handles more than 40,000 jobs daily across five cities, has processed over one million monthly jobs as of March 2026, and operates through a network of over 15,000 service professionals, targeting India’s $60 billion‑plus, largely unorganized home‑services market.

Read more: https://timesofindia.indiatimes.com/business/india-business/home-services-startup-snabbit-raises-56-million/articleshow/130585659.cms

#Snabbit #Susquehanna #MiraeAsset #BertelsmannIndia #NexusVenture #Lightspeed #FJLabs #AayushAgarwal #UrbanCompany #Pronto #