We are pleased to announce that Phoenix Legal acted as the legal counsel for existing investor Nexus Venture Partners in relation to its investment in the 56 million$ Series D Funding round of Maestroedge Solutions Private Limited (Snabbit), a quick service app providing on-demand home services, co-led by Susquehanna Venture Capital (SIG) and Mirae Asset Venture Investments.

With this fresh capital infusion, Snabbit plans to expand into new cities, deepen the penetration in existing markets, and strengthen its technology and operational infrastructure as it scales up to meet rising demand in the segment.

The Phoenix Legal team was led by Ashima Dewan (Partner) along with Shrishti Sharma (Senior Associate) with strategic inputs from Sumit Sinha (Partner).