Bengaluru-based quick home services platform Snabbit has raised $56 million in a Series D funding round, as it seeks to strengthen its foothold in India’s rapidly expanding on-demand home services market.
Funding Details
The round was co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments, with participation from existing investors Nexus Venture Partners, Lightspeed, and FJ Labs. According to sources familiar with the matter, the funding values the startup at approximately $390 million. Founder and CEO Aayush Agarwal declined to comment on the valuation.
Use of Funds
This fundraise comes just six months after the company’s previous round, bringing total capital raised to $112 million. Snabbit plans to use the latest infusion to strengthen unit economics, deepen its operating infrastructure, and expand into new cities while maintaining a hyperlocal execution strategy.
Business Performance
Snabbit currently processes over 40,000 jobs daily across five cities and crossed one million monthly jobs in March 2026, driven by repeat demand and dense micromarket operations. The company operates through a network of over 15,000 service professionals, focusing on high-frequency household services such as cleaning and cooking.
Market Opportunity
The company is targeting a largely unorganised home services market estimated at over $60 billion, where digital penetration remains low but is expected to grow with rising urban demand for convenience-led services. Snabbit competes with players like Pronto, Urban Company, and Broomees in this space.
