Snabbit raised $5.5 million in a funding round led by Elevation Capital.
01/21/25, 1:33 AM
Location
Money raised
$5.5 million
Industry
information technology
Investors
Elevation Capital
Quick-service app Snabbit has successfully raised $5.5 million in a recent funding round. The investment, led by Elevation Capital, will be used to enhance the app's features and expand its market presence.
Company Info
Location
mumbai, maharashtra, india
Additional Info
Founded in 2024, 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, 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.