Snabbit raises $56 million, company valued at $390 million

Snabbit raises $56 million, company valued at $390 million

Bengaluru: Snabbit has raised $56 million as it looks to consolidate its position in India’s fast-growing on-demand home services market. The round was co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments. The funding values the startup at about $390 million, sources told TOI. Founder and CEO Aayush Agarwal declined to comment on the valuation.

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