Reported about 11 hours ago
India's on-demand home-help startup Snabbit has seen its valuation double to $180 million in just five months, fueled by a significant rise in demand for quick house services. The company secured $30 million in a Series C funding round, led by Bertelsmann India Investments and supported by other investors such as Lightspeed and Elevation Capital. With daily bookings surging from 1,000 to over 10,000, Snabbit plans to expand its services beyond five major cities and is focusing on high-frequency categories including cooking and childcare.
Source: YAHOO