India’s Snabbit Secures $400M Valuation in Latest Funding Round

Snabbit: Indian Instant House-Help Startup Set to Raise $50 Million in Funding

Snabbit, a popular Indian instant house-help startup, is on the verge of securing fresh funding at a valuation of approximately $400 million. The funding round is expected to be led by Susquehanna Venture Capital, as reported by TechCrunch.

The Bengaluru-based startup is currently in discussions to raise around $50 million in this funding round, according to sources familiar with the deal. There is a possibility that the round could exceed $55 million due to high investor demand.

Notable investors such as Mirae Asset, FJ Labs, Lightspeed Venture Partners, and Bertelsmann India Investments are expected to participate in this funding round. This marks a significant increase from Snabbit’s previous valuation of $180 million when it raised $30 million in October 2025. The official announcement of the deal is anticipated in the coming week.

Established in 2024, Snabbit functions as a platform that connects households with on-demand domestic help for various tasks including cleaning, dishwashing, and laundry. The startup ensures quick turnaround times through a well-managed network of workers. Prior to this funding round, Snabbit had raised a total of $55 million in funding.

The current fundraising initiative aligns with the growing investor interest in instant house help startups in India. Competitor Pronto is also in the final stages of securing funding led by tech investor Lachy Groom at a valuation of approximately $200 million. Urban Company, a prominent player in this sector, recently announced that its instant home services offering surpassed one million bookings in March.

The surge in demand for such services can be attributed to India’s young urban workforce, which has embraced the convenience of ordering services through mobile apps.

Snabbit’s founder and CEO, Aayush Agarwal, shared on LinkedIn that the company completed over one million jobs in March alone. In a previous interview with TechCrunch, Agarwal mentioned that the platform processed more than 10,000 daily jobs and received over 300,000 total orders in October.

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At the time of the interview, Snabbit collaborated with approximately 5,000 professionals, all of whom were women.

Despite multiple requests for comment, Snabbit and its investors have not responded.