Snabbit, a home services startup based in Bengaluru, just got $30 million in Series C funding led by Bertelsmann. Lightspeed Venture Partners, Elevation Capital, and Nexus Venture Partners also put more money in, showing they still believe in Snabbit’s growth in India’s D2C market.
This is Snabbit’s third funding in under a year. They raised $19 million in May 2025 for Series B and $23 million post-Series A in January 2025. Their valuation jumped from $23 million to $172 million within the year.
According to regulatory filings, Snabbit’s board approved the issuance of 54,876 Series C CCPS shares at ₹48,377 each. Bertelsmann invested ₹135.39 crore ($15.38 million), while Lightspeed and Elevation Capital each invested ₹53 crore ($6 million), and Nexus Venture Partners added ₹23.89 crore. Snabbit will use the funds to grow, improve its supply chain, and cover expenses.
Aayush Agarwal founded Snabbit in 2024. It connects people with professionals for cleaning, laundry, and dishwashing in minutes. Their approach has made them a fast-growing brand in the home services sector, competing with big names such as Urban Company and Pronto.
Snabbit plans to use the money to support its omnichannel plan, reaching more cities and keeping users happy through tech. People in India want easy, reliable, and digital services, and Snabbit’s success shows that D2C brands are changing how we handle everyday tasks.
With this new funding, Snabbit is now among the fast-growing D2C brands backed by venture capital. Nexus Venture Partners is the largest shareholder at 21.24%, followed by Elevation Capital (19.93%), Lightspeed (14.79%), and Bertelsmann (8.5%), according to TheKredible’s data.
This deal strengthens India’s position as a top D2C market, where brands are growing in areas like wellness, fashion, and tech-based home services. As the market changes, Snabbit’s funding shows that investors are interested in fast-moving startups that link tech and practical services.
Snabbit’s success also shows a shift toward private equity and angel investments in the D2C space, which combines high demand with easy growth. With this round, Snabbit is ready to be one of India’s top D2C startups in FY25, with a possible IPO in the future.
