Snabbit is in discussions to raise fresh funding at a valuation of around USD 450 million, according to media reports. The development reflects rising investor interest in India’s growing home-services market.
The company runs a digital platform that provides instant household services such as cleaning, cooking, and other domestic assistance. Industry estimates suggest that India’s home-services market remains largely offline and is valued at nearly USD 60 billion.
Founded by Aayush Agarwal, Snabbit focuses on delivering quick-response household help through a technology-enabled platform. The model targets urban households that increasingly prefer organised and reliable domestic support.
As cities grow and work patterns shift, many households are turning to structured service platforms instead of informal networks. As a result, startups in this category are attracting both users and investors.
Demand for organised home services has increased in recent years. Higher urban incomes, busy schedules, and a rise in dual-income households have contributed to this trend.
Because of these changes, platforms offering quick and verified domestic services are seeing steady adoption. Investors also view the sector as an opportunity to organise a large but fragmented market.
Snabbit operates in a category that is seeing rapid growth. Platforms such as Urban Company and several other startups are also building services for on-demand household assistance.
Industry data shows that the segment continues to expand across cities. In February, platforms including Urban Company and Snabbit collectively recorded more than two million monthly orders.
Snabbit alone completed around 830,000 orders during February. The demand mainly came from large urban markets such as Delhi-NCR, Mumbai, Bengaluru, and Pune.
These figures indicate steady adoption of instant domestic services, particularly among urban professionals.
Since its launch, Snabbit has raised several funding rounds. In 2025, the company secured USD 30 million in a Series C round led by Bertelsmann India Investments.
The round also saw participation from Lightspeed Venture Partners, Elevation Capital, and Nexus Venture Partners.
The latest fundraising discussions highlight broader venture capital interest in organising India’s domestic help industry. Technology platforms are increasingly trying to bring structure, verification, and reliability to a sector that has traditionally operated offline.
As the market expands across cities and neighbourhoods, investors are closely tracking startups that can scale organised home-service platforms.
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