Nexus Venture joins $30m series C in Indian quick-service app Snabbit
- ByStartupStory | October 30, 2025
Nexus Venture Partners has joined a $30 million Series C funding round in fast-growing Indian quick-service app Snabbit, marking a significant stride for the Bengaluru-based startup. Snabbit operates a hyperlocal platform delivering on-demand home services such as cleaning, dishwashing, laundry, and kitchen prep, all powered by a 100% women-led fleet.
This round, led primarily by Bertelsmann India Investments with participation from existing backers Lightspeed, Elevation Capital, and Nexus Venture Partners, brings Snabbit’s total capital raised since its 2024 launch to approximately $55 million. The startup’s valuation has more than doubled in just five months to $180 million, signaling strong investor confidence fueled by rapid growth and market demand.
Snabbit’s growth has been impressive, scaling from under 1,000 tasks per day to over 10,000 daily bookings within five months, growing more than 10% week-over-week. Founder and CEO Aayush Agarwal explained that the latest fundraising was driven by “pre-emptive investor interest” rather than an immediate capital need, reflecting favorable terms and a highly competitive market landscape. The quick-service sector in India is intensifying, with Snabbit competing directly against publicly listed rivals like Urban Company’s Insta Help.
With this new capital infusion, Snabbit plans to expand into new micro-markets and broaden its service categories to include high-frequency offerings like cooking, childcare, and elderly care. The company recently shifted its corporate headquarters to Bengaluru to bolster technical capabilities supporting this service expansion.
Snabbit’s business model leverages a hyperlocal network of 5,000 trained experts stationed in dense residential clusters across India, enabling fast task fulfillment within minutes. Its emphasis on a women-led workforce also aims to promote dignity and inclusion in a segment historically overlooked.
The startup is part of a growing trend responding to India’s surging demand for instant convenience extending beyond food and grocery deliveries into home services. As consumer lifestyles evolve, platforms like Snabbit are quickly capitalizing on the opportunity to provide trusted, efficient, and local solutions that cater to busy urban households.
In summary, Nexus Venture’s participation in Snabbit’s $30 million Series C highlights increasing investor enthusiasm for hyperlocal quick-service platforms addressing evolving on-demand needs. This funding will accelerate Snabbit’s product diversification, geographic scale, and technology investments, positioning the company to further consolidate its foothold within India’s rapidly growing home services market.
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