Instant house help start-up Snabbit raising funds at $400M valuation
Indian start-up Snabbit is in talks to raise $50-55 million in fresh funding at a $400 million valuation, led by Susquehanna Venture Capital. Snabbit provides on-demand household help for chores like cleaning and laundry.
Snabbit, an Indian start-up founded in 2024, is raising fresh funding at a $400 million valuation. The funding round, led by Susquehanna Venture Capital, could see the company raise $50-55 million. Existing investors, including Lightspeed Venture Partners and Bertelsmann India Investments, are likely to participate. Snabbit has raised $55 million so far and recorded over 1 million jobs in March. The start-up connects households with on-demand domestic help, having worked with 5,000 professionals, all women, in the past.
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