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Snabbit raises US$30 million in Series C to expand into child and elder-care services

Snabbit raises US$30 million to expand from quick-commerce into childcare and elder-care service segments.
Quick-services startup Snabbit has raised US$30 million in a Series C round led by Bertelsmann India Investments, along with Lightspeed, Elevation Capital and Nexus Venture Partners. The company plans to use the funds to expand its platform into child-care, elder-care and other high-frequency service categories beyond its original launch in short-form delivery.