Funding · Professional & Local Services

Snabbit raises $56M in Series D funding

What they do

Snabbit is a quick home services platform

It raised $56 million in Series D funding led by Susquehanna VC, Mirae Asset Venture Investments and Bertelsmann India Investments

This was part of a week where Indian startups raised $187.2 million, a 4X jump from the previous week

Snabbit raised $56 million in a Series D funding round.
The round was led by Susquehanna VC, Mirae Asset Venture Investments and Bertelsmann India Investments.
This funding was part of a week where 17 Indian startups raised a total of $187.2 million.
The weekly funding total was a 4X jump from the previous week's ~$47 million.
Other notable rounds included Sahi's $33 million Series B and Kimbal Technologies' $22 million Series B.
Bengaluru and Mumbai each recorded 6 deals, while Delhi-NCR had 4 deals.

The average weekly funding over the last 8 weeks was ~$229.68 million across 23 deals.
Fintech led segment-wise deals with 4, followed by gaming, e-commerce and deeptech with 2 each.

Product: home services startup
Customers: Households that need recurring home services.
How it makes money: It provides on-demand home services and likely earns through service fees or commissions.
What sets it apart: Built around speed, reliability, convenience, and hyperlocal micromarkets.