New Delhi, April 28 -- Snabbit, a quick home services platform, has raised $56 million in a Series D funding round, taking its total capital raised to $112 million within two years.

The Series D round saw participation from Susquehanna Venture Capital and Mirae Asset Ventures, with existing investors including Bertelsmann India Investments, Nexus Venture Partners, Lightspeed India, and Elevation Capital continuing their backing.

According to various reports the Bengaluru startup is valued between USD 350 million to USD 360 million now.

The startup reported a fourfold increase in daily jobs over the past six months, with some micro-markets now handling more than 1,000 jobs per day. At the same time, burn per job has declined by 50%, ind...