Snabbit, a fast-growing quick home services platform, has secured $56 million in Series D funding, led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments. The latest funding round underscores rising investor confidence in India’s rapidly expanding on-demand home services market.
Key Highlights
- Snabbit raises $56 million Series D funding to expand hyperlocal home services across India and global markets.
- Startup scales to 40,000 daily jobs, intensifying competition in India’s fast-growing on-demand services sector.
The fresh capital will be deployed to expand into new cities, strengthen presence in existing markets, diversify high-frequency service offerings, and improve the company’s balance sheet.
According to industry sources, Snabbit’s valuation has climbed to around $350–360 million, reflecting strong traction and rapid scale-up in a competitive segment.
Founded as a hyperlocal, quick-service platform for recurring household needs, Snabbit connects users with trained professionals for services such as cleaning, dishwashing, and home maintenance. The startup currently operates across major urban markets including Mumbai Metropolitan Region, Delhi NCR, Pune, Hyderabad, and Bengaluru.
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Snabbit has demonstrated significant growth, reporting over 40,000 daily service jobs across 140 micromarkets, a network of 15,000+ service professionals, and crossing 1 million monthly jobs in March 2026. The company has scaled from just 400 daily orders to 40,000 in under a year, highlighting strong demand for app-based home services in urban India.
Alongside capital infusion, investors are also providing technology support to enhance unit economics, in-app monetisation, and operational efficiency. This aligns with the broader trend of startups leveraging tech-driven optimisation to improve margins in high-frequency service categories.
