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Snabbit, a quick service app providing on-demand home services, has raised $5.5 million in a Series A round of funding, led by Elevation Capital, with participation from Nexus Venture Partners. The round also saw participation from prominent angels including Vidit Aatrey and Sanjeev Barnwal, Gaurav Munjal and Niraj Singh. This round follows an earlier $1 million seed investment by Nexus Venture Partners in early 2024. Snabbit connects households with trained experts for on-demand home tasks. Professionals can be booked by the hour and arrive within 15 minutes to handle tasks like cleaning, dishwashing, and laundry. Snabbit was founded in 2024 by Aayush Agarwal who previously served as chief of staff at Zepto. The startup is active across select locations in Mumbai and the funding will be used to expand to more locations and build a strong team. Over the past few months, weโve been extremely focused on understanding customer pain points and building a model that is not only scalable but truly game-changing. The response so far has been highly encouragingโweโve acquired thousands of customers within just a few kilometers of serviceable radius, driven primarily by strong word-of-mouth,โ said Agarwal. According to Snabbit, its full-stack approach to sourcing, training, and managing experts provides stable income and benefits like health and accident insurance, empowering a previously fragmented workforce.

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Learning-focused OTT platform Seekho has raised $8 million in its Series A round, with Lightspeed leading the investment, according to a LinkedIn post by the companyโs founder and CEO, Rohit Choudhary. The round also saw participation from Elevation
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Hyderabad-based Machine manufacturing startup Autocracy Machinery has raised Rs 5 crore in a pre-Series A funding round led by Venture Catalysts. The round also saw participation from various investors, including Nikhil Jaisinghani, Bharat Jaisingha
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India's going crazy! Founded in 2024 by Aayush Agarwal, a former chief of staff at quick commerce platform Zepto, Snabbit connects households with trained professionals for on-demand home tasks. These professionals, available by the hour, arrive wi
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Superfone, an all-in-one business phone and CRM app for SMBs, has raised $1.9 million in its pre-Series A funding round. The round was led by YourNest Venture Capital with an investment of $950,000, along with participation from Ankur Capital, Finsig
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Oyo CEO Ritesh Agarwal is set to increase his stake in the company from 30% to 32% by investing another โน550 crore, reports said. Agarwal will buy over 12.9 crore shares at 42.60 apiece and the investment will value Oyo at 32,000 crore, reports added
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SuperKalam, an AI-led personal mentor for students preparing for competitive exams, has raised $2 million in its seed round led by Y Combinator and Fundersclub. The round also saw participation from notable investors, including YC Partner Puneet Kuma
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