India’s Snabbit seeks fresh funding at a $400M valuation, sources say

Snabbit, an Indian instant house-help startup, is in talks to raise around $50 million in a funding round led by Susquehanna Venture Capital. The round is expected to include participation from Mirae Asset, FJ Labs, and existing investors. The startup is valued at around $400 million, a significant jump from its previous valuation of $180 million. Snabbit connects households with on-demand domestic help and has completed over one million jobs in March.