Snabbit's valuation doubles to $360 million in Series D funding round. The quick-service home help platform raised $56 million led by Susquehanna Venture Capital and Mirae Asset Venture Investments, just five months after its Series C. The company plans to deepen presence in existing markets, expand into new micro markets, and experiment with new service categories including home cooking. India's home services market, valued at $60 billion in FY25, is projected to reach nearly $100 billion by 2030 with online penetration expected to rise from 0.8% to 1.3%. Snabbit competes in a growing sector alongside Urban Company and Pronto. The funding extends the company's runway to 3.5 to 4 years, with initial micromarkets showing signs of profitability in the coming quarter.
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