Snabbit set to raise $30 Mn with over 2X valuation premium

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On demand home service platform Snabbit is raising Rs 265.4 crore (around $30 million) in a Series C round led by new investor Bertelsmann, with participation from existing backers Lightspeed Venture Partners, Elevation Capital, and Nexus Venture Partners.

This marks the third funding round within 10 months of 2025 for the Bengaluru-based company, which last raised $19 million in its Series B round in May. 

Snabbit recently relocated its base from Mumbai to Bengaluru.

The Snabbit’s board passed a special resolution to approve the issuance of 54,876…



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Snabbit set to raise $30 Mn with over 2X valuation premium


On demand home service platform Snabbit is raising Rs 265.4 crore (around $30 million) in a Series C round led by new investor Bertelsmann, with participation from existing backers Lightspeed Venture Partners, Elevation Capital, and Nexus Venture Partners.

This marks the third funding round within 10 months of 2025 for the Bengaluru-based company, which last raised $19 million in its Series B round in May. 

Snabbit recently relocated its base from Mumbai to Bengaluru.

The Snabbit’s board passed a special resolution to approve the issuance of 54,876…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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