Bertelsmann India Investments has led a USD 30 million Series C funding round in Snabbit, a household services platform in India, highlighting its commitment to advancing digitization and economic empowerment.
Target Information
Snabbit is a burgeoning service platform based in India that focuses on household services. Recently, Bertelsmann India Investments (BII) has taken a significant stake in the company, leading a USD 30 million Series C funding round which includes participation from existing investors such as Lightspeed, Elevation Capital, and Nexus Venture Partners. The platform aims to streamline the lives of urban residents by connecting them with trusted, trained household helpers for a variety of daily chores, all available on demand.
Snabbit operates through a hyperlocal network targeting densely populated residential areas, providing quick and reliable services in categories including apartment cleaning, dishwashing, laundry, kitchen preparation, and more. The company reported an impressive 300,000 jobs completed in October 2025, marking its rapid growth in a short time frame.
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Industry Overview in India
The household services industry in India is one of the largest yet most unstructured sectors, offering vast opportunities for growth and modernization. Despite its size, the market has historically been dominated by informal employment
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Bertelsmann India Investments
invested in
Snabbit
in 2025
in a Other deal
Disclosed details
Transaction Size: $30M