India, Oct. 28 -- Days after moving to Bengaluru, quick service startup Snabbit is raising INR 265.4 Cr (about $30 Mn) in its Series C round led by Bertelsmann Nederland BV, per the startup's MCA filings.

Existing investors Lightspeed Venture Partners, Elevation Capital, and Nexus Venture Partners are also participating in the round. In its filing, the startup said that it needs the funds to meet its working capital requirements and sustain the growth of its user base across India. Entrackr was the first to report the development.

If the round pans out, this would mark the instant domestic help service provider's third funding round within 2025. The Bengaluru-based startup earlier raised $19 Mn in May from Lightspeed and $5.5 Mn in Janu...