Quick service app Snabbit set to raise $30 million

Quick service app Snabbit is raising Rs 265.4 crore (about $30 million) in a latest funding round led by Netherlands-based Bertelsmann Nederland BV, according to documents sourced from the Registrar of Companies (RoC).

Snabbit, which offers hyperlocal, on-demand home services, previously raised $19 million in a round led by Lightspeed Ventures Partners in May, and $5.5 million in a round led by Elevation Capital in January. This fundraise will be its third in 10 months.

Existing investors Lightspeed Ventures Partners, Elevation Capital, and Nexus…