India’s Snabbit seeks fresh funding at a $400M valuation, sources say
Business

India’s Snabbit seeks fresh funding at a $400M valuation, sources say

TechCrunch·2h ago·Positivity

What Happened

Snabbit, an Indian instant house-help startup, is raising approximately $50 million at a $400 million valuation led by Susquehanna Venture Capital. The round includes participation from Mirae Asset, FJ Labs, and existing investors Lightspeed Venture Partners and Bertelsmann India Investments. Founded in 2024, Snabbit connects households with on-demand domestic workers for cleaning and household chores.

Key Entities

SnabbitSusquehanna Venture CapitalBengaluruMirae AssetFJ LabsLightspeed Venture PartnersBertelsmann India InvestmentsUrban CompanyPronto

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