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Snabbit Has Secured $19 Million In Series B Round
Snabbit, a startup based in Mumbai, has recently secured $19 million in startup funding in a series B round. This startup offers quick home services help, like in various domestic chores, rapidly through the app.
Summary:
1. Snabbit connects metropolitan households with skilled specialists for on-demand domestic services, including general cleaning, dishwashing, laundry, and ad hoc duties.
2. The startup is currently available in approximately ten micro-markets in Mumbai and Bengaluru, with a 20-fold increase in the coming months.
3. The onboarding system incorporates Aadhaar-linked bank accounts and insurance, and some workers now earn up to Rs 40,000 a month through 12-hour stints.
According to this latest startup news, the startup funding of Snabbit was led by Lightspeed, with participation from existing backers Elevation Capital and Nexus Venture Partners.
The Series B deal of startup funding comes just four months after the Mumbai-based startup raised $5.5 million in Series A fundraising, conveying an aggressive ramp-up for the year-old firm as it intends to expand from a few neighborhoods to over 200 micro-markets in the next nine months.
What is Snabbit?
Snabbit, founded in 2024 by Aayush Agarwal, a former chief of staff of Zepto, connects metropolitan households with skilled specialists for on-demand domestic services, including general cleaning and dishwashing, laundry, and ad hoc duties.
Bookings are billed hourly, and workers often arrive within 10 to 15 minutes of receiving a request, according to the startup’s hyperlocal deployment strategy and full-stack operating model.
According to Agarwal, Snabbit is presently available in approximately ten micro-markets in Mumbai and Bengaluru, including neighbourhoods such as Powai, Marol, Thane, Bellandur, and Sarjapura. With this startup funding, the goal, he mentioned, is a 20-fold increase in the following months.
“While ride-hailing revamped transportation and e-commerce reinvented fashion, traditional household services remained mostly undigitized. “With Snabbit, we’re solving for trust, quality, and speed — all at the touch of a button,” Agarwal explained.
Based on this latest startup news, Snabbit supervises its workforce’s sourcing, training, and deployment internally, with a platform that includes digital identity verification via an Idfy collaboration. The startup’s pricing strategy, which charges by the hour rather than by the work, is designed to ensure uniformity and transparency across all service kinds.
More than 600 professionals currently use the site, according to Agarwal, and this figure grows by 200 monthly. Many of these workers are women from low-income backgrounds who previously lacked formal employment benefits.
The onboarding system of this Mumbai-based home services startup incorporates Aadhaar-linked bank accounts and insurance, and some workers now earn up to Rs 40,000 a month through 12-hour stints, which is approximately double what they would have earned through traditional routes, according to Agarwal.
According to this latest startup news, the company markets itself not as a category-specific platform, but as an everyday utility for urban households in need of rapid, dependable support.
“Snabbit is revolutionizing India’s home services industry by adding speed, structure, and trust to a previously unorganized sector.
“We have a strong belief in Aayush and his team as they build the backbone infrastructure that will make quality home services routine, dependable, and exceptionally convenient,” said Manish Advani, Principal at Elevation Capital.
Snabbit raised $5.5 million later this year, with Elevation Capital leading the round and Nexus Venture Partners and other angel investors also participating. This follows Nexus’ $1 million investment in 2024.
Similarly, based on the latest startup news, Elon Musk’s Neuralink is now testing an implant, designed to help people with spinal cord injuries. Yes, you read that rightly: Neuralink is going to accomplish something incredible for people who have spinal cord problems. The objective of this brain implant technique is to allow people to browse and post on social media, play video games, or perform other activities by simply moving a cursor on their laptop with their brain.
