Snabbit raises $56 mn in Series D round as home-services race intensifies

Funding co-led by Susquehanna, Mirae Asset and Bertelsmann to drive expansion, improve unit economics and strengthen operations in India's fast-growing home services market

Quick home services platform Snabbit said it has raised $56 million in a Series D round co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments’ Unicorn Growth Fund, and Bertelsmann India Investments, which doubled down on its earlier investment. 

 

Existing investors Nexus Venture Partners and Lightspeed also participated in the round, alongside new investor FJ Labs Inc, a leading global marketplace investor. The fundraise, which came just six months after its Series C, takes the company’s total capital raised to $112 million. 

 

Snabbit said the fresh capital will be deployed across three priorities. It will fund expansion into new cities and deepen presence in existing markets. The company will also scale high-frequency service categories with proven product-market fit. In addition, it will strengthen the balance sheet to support long-term runway and disciplined capital allocation.

 

 

“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 said Aayush Agarwal, founder and CEO, Snabbit. 

 

The platform delivers over 40,000 jobs daily across five cities and 140 micro-markets, supported by more than 15,000 experts — all women — and crossed 1 million monthly jobs in March 2026. 

 

“The journey to a million daily jobs runs through nanomarket-level execution and world-class demand-supply intelligence, and will be driven by a high-calibre team raising the bar for depth and rigor. This capital lets us build India’s largest home services marketplace, with the ability to anchor a much larger consumer platform over time,” added Agarwal. 

 

Snabbit is shifting from category creation to dominance, with the latest funding focused on improving unit economics and strengthening operations alongside measured expansion. As the category scales beyond 10 million monthly active users, Snabbit leads in throughput despite a smaller footprint, reflecting stronger demand density, repeat usage and cost efficiency. The company aims to sustain this lead, targeting two to three times higher jobs per micro-market and per user than industry averages.

 

It is focusing on hyperlocal density, prioritising depth in micromarkets over broad expansion to drive efficiency and customer trust. Higher order density improves expert utilisation, lowers acquisition costs and boosts repeat usage, strengthening unit economics. The platform has scaled from fewer than 400 to over 40,000 daily jobs in the past year, with newer micromarkets growing three times faster. In adjacent categories such as home cooks, early pilots have shown strong traction. Top micromarkets now exceed 1,500 daily jobs, while burn per order has fallen by 50 per cent over six months.

 

“Home services is one of India’s largest and most underpenetrated consumer categories, but also one of the hardest to organise well,” said Bhavanipratap Rana, investment advisor, Susquehanna VC. “What stood out to us about Snabbit was the team’s ability to pair strong customer pull with disciplined execution, market by market. Their focus on operational resilience and improving unit economics as they scale gives us strong conviction in the opportunity,” he added. 

 

Snabbit’s network of over 15,000 women experts is central to its model, with a focus on trust, reliability and safety. The company has embedded safeguards such as real-time tracking and emergency support through its ‘Snabbit Kavach’ system, improving retention, service quality and customer confidence. Beyond safety, the platform is enabling formal income, financial inclusion and digital literacy, building a large women-led workforce in the category.

 

“Snabbit represents a generational opportunity to back a consumer platform tackling one of the most persistent, everyday challenges faced by Indian households,” said Puneet Kumar, CEO, Mirae Asset Venture Investments, India.

 

India’s home services market, already estimated at over $60 billion, remains highly fragmented and largely informal, with less than 5 per cent penetration by organised digital platforms. The category is expected to grow steadily through 2030, approaching $100 billion in size, while its online and on-demand segments expand significantly faster, driven by rising disposable incomes, increasing willingness to pay for convenience, and a shift towards more reliable and accountable service experiences. Within this, instant home services are emerging as the fastest-growing layer, reshaping consumer behaviour in urban India. 

 

Rohit Sood, partner, Bertelsmann India Investments, said, “Since we led the Series C round six months ago, Snabbit has executed with remarkable speed and discipline – growing at an exceptional pace while strengthening the fundamentals of the business. This combination is rare, and gives those of us at Bertelsmann strong conviction to double down as the team builds a category-leading platform.”

 

The race to dominate India’s fast-emerging instant household help services market is intensifying, with other players such as Urban Company and Pronto also betting big on this space. In March, Pronto, which brings household help to customer doorsteps within minutes, said it has raised $25 million in Series B funding led by Epiq Capital to deepen its presence across the cities it serves. The valuation of the company post-funding was $100 million.

 

Key Metrics:

 

40,000+ jobs processed daily across 5 cities

 

140 active micromarkets

 

15,000+ trained experts on platform (100% women) 

 

1 million monthly jobs milestone crossed in March, growing steadily in April 

 

$112 million total capital raised to date 

 

Scaled from 400 to 40,000 orders/day in less than 12 months 

 

3x faster scaling in newer micro-markets compared to earlier cohorts