Snabbit has raised $56 million in a Series D funding round as the quick home services startup looks to consolidate its position in India’s fast-emerging on-demand household services market.
The round was co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments’ Unicorn Growth Fund and Bertelsmann India Investments, which also doubled down on its earlier bet. Existing backers Nexus Venture Partners and Lightspeed participated in the round, alongside new investor FJ Labs.
The fundraise, which comes just months after its Series C, takes the company’s total capital raised to $112 million and marks what the startup describes as a transition from category creation to category leadership.
Founded by Aayush Agarwal, Snabbit operates a hyperlocal marketplace for quick home services, spanning categories such as cleaning, cooking and other daily household needs. The platform is currently operational across five cities, including Bengaluru, Mumbai Metropolitan Region, Delhi NCR, Pune and Hyderabad.
“We see this fundraise as a mandate, not a milestone. We’re building for one of the largest behaviour shifts in Indian consumer life, bringing a daily, in-home service category onto a marketplace for the first time, and creating scalable economic opportunities for tens of thousands of women in the process,” said Agarwal, founder and CEO of Snabbit.
“The journey to a million daily jobs runs through nanomarket-level execution and world-class demand–supply intelligence… This capital lets us build India’s largest home services marketplace, with the ability to anchor a much larger consumer platform over time,” he added.
Snabbit said it is currently facilitating over 40,000 jobs daily across 140 micromarkets, supported by a network of more than 15,000 service professionals, all of whom are women. The company crossed one million monthly jobs in March 2026, highlighting rising consumer adoption in the category.
The startup is betting on a density-led expansion model, focusing on deepening presence within micromarkets rather than spreading thin across geographies. It claims this approach has led to improved unit economics, with burn per order declining by 50 per cent over the past six months and newer micromarkets scaling three times faster than earlier cohorts.
Investors said the company’s execution and focus on fundamentals set it apart in a largely unorganised market.
“Home services is one of India’s largest and most underpenetrated consumer categories, but also one of the hardest to organize well. What stood out to us about Snabbit is the team’s ability to pair strong customer pull with disciplined execution, market by market,” said Bhavanipratap Rana, investment advisor at Susquehanna Venture Capital.
“Their focus on operational resilience and improving unit economics as they scale gives us strong conviction in the opportunity,” he added.
Puneet Kumar, CEO of Mirae Asset Venture Investments, said, “Snabbit represents a generational opportunity to back a consumer platform tackling one of the most persistent, everyday challenges faced by Indian households. The depth of customer love, the pace of scale, and the frequency of usage are unlike anything we’ve seen in consumer tech at this stage.”
Rohit Sood, partner at Bertelsmann India Investments, added that the company has shown “remarkable speed and discipline” since its last fundraise, strengthening both growth and business fundamentals.
India’s home services market, estimated at over $60 billion, remains largely fragmented with low digital penetration. Snabbit said it will deploy the fresh capital to expand into new cities, deepen its presence in existing markets and scale adjacent high-frequency service categories, as competition heats up in the quick services segment.
Published on April 28, 2026