India’s Snabbit valuation doubled to $180M in 5 months on its quick house-help bet

AI Summary
Snabbit, an Indian on-demand home-help startup founded in 2024, has seen its valuation double to $180 million within five months after securing a $30 million Series C funding round led by Bertelsmann India Investments. The company offers services like cleaning and laundry through a network of trained workers stationed around residential areas, promising service within ten minutes. Operating in five major cities with plans to expand into Hyderabad, Chennai, Delhi, and Calcutta, Snabbit has grown from about 1,000 jobs per day in May to over 10,000 daily bookings by October. The company serves more than 300,000 customers, primarily working professionals aged between 30 and 40 years old.
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