Funding
Quick service app Snabbit to expand into cooking, elder care, child care after $30 million fundraise
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As competition intensifies in the quick-service space, Bengaluru-based Snabbit is broadening its offerings to include cooking, elder care, and child care after raising $30 million in a funding round led by Bertelsmann India Investments (BII), according to founder Aayush Agarwal.
Snabbit, which offers hyperlocal, on-demand home services, raised $19 million in a round led by Lightspeed Venture Partners in May and $5.5 million in a round led by Elevation Capital in January. The latest funding marked the company’s third fundraise this year.
“We have an…
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