Tech Company Financing Transactions
Snabbit Funding Round
Snabbit closed a $19 million Series B financing round on 5/28/2025. Investors included Lightspeed India Partners, Elevation Capital and Nexus Venture Partners.
Transaction Overview
Company Name
Announced On
5/28/2025
Transaction Type
Venture Equity
Amount
$19,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Kailash Industrial Estate, B Wing BHD Godrej, Vikhroli Park 111A
Mumbai, Maharashtra, 400079
India
Mumbai, Maharashtra, 400079
India
Phone
Undisclosed
Website
Email Address
Overview
Snabbit is India's first Quick-Service App offering on-demand home services. With a hyperlocal network operating in dense residential clusters, Snabbit guarantees quality and speed, providing trusted and trained experts that arrive within minutes. Backed by Nexus Venture Partners, and Elevation Capital, Snabbit takes a full-stack approach to sourcing, training, and managing experts. Combined with an innovative time-based pricing model, Snabbit simplifies daily life for urban families while creating respectable, well-paying opportunities for a workforce that has long been fragmented and unorganized.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Aayush Agarwal
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