India's Snabbit raises $56M Series D at $350-390M valuation for on-demand home services

Indian home services startup Snabbit closed a $56M Series D co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments, valuing the company at $350-390M (up from $180M six months ago). Snabbit processes over 40,000 jobs daily across five Indian cities with 15,000+ service professionals. Per-order losses are down 50% and customer acquisition costs down 65%, demonstrating improving unit economics in a historically unprofitable sector. Total raised is approximately $112M.