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Snabbit Secures $5.5 Mn to Expand in Mumbai

  • Mumbai-based Snabbit has raised $5.5 Mn in a Series A round led by Elevation Capital, with participation from Nexus Venture Partners and notable angel investors.
  • The funding will be used to open new micro markets in Mumbai over the next six to nine months and expand the customer base.
  • Founded by ex-Zepto chief of staff Aayush Agarwal, Snabbit offers on-demand domestic services and has over 10K downloads on Google Play Store.

Source: Inc42

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