The India Bizz Startup News Website
Snabbit Eyes $450 Million Valuation to Scale Its Fast-Growing Home Services Platform
Funding

Snabbit Eyes $450 Million Valuation to Scale Its Fast-Growing Home Services Platform

Snabbit is in discussions to raise fresh funding at a valuation of around USD 450 million as investor interest grows in India’s rapidly expanding home-services market, according to media reports.

The startup operates a digital platform that offers instant household services such as cleaning, cooking and other domestic assistance, tapping into what industry estimates describe as a largely offline home-services market valued at nearly USD 60 billion in India.

Founded by Aayush Agarwal, the company focuses on providing quick-response household help through a tech-enabled model designed for urban households seeking reliable domestic workers.

Investor interest in the segment has been increasing as rising urban incomes, changing lifestyles and the growth of dual-income households drive demand for organised home services.

The funding talks come amid rapid expansion in the instant house-help category, where platforms such as Urban Company and other startups are competing to capture market share. 

Industry data shows that the sector is witnessing strong traction. Platforms including Urban Company, Snabbit and others together recorded more than two million monthly orders in February as the category expands across cities and micro-markets.

Snabbit itself completed about 830,000 orders in February, reflecting growing demand for quick domestic services in cities such as Delhi-NCR, Mumbai, Bengaluru and Pune.

The startup has raised multiple rounds of funding since its launch, including a USD 30 million Series C round in 2025 led by Bertelsmann India Investments, with participation from investors such as Lightspeed Venture Partners, Elevation Capital and Nexus Venture Partners.

The new fundraising discussions highlight growing venture capital interest in organising India’s traditionally unstructured domestic help sector through technology-driven platforms.

Harshal gangawane

Harshal gangawane

Verified

4 Articles Startup & Business Expert

Get Startup News Before Everyone Else

Join founders, investors and startup enthusiasts reading The India Bizz daily.

Harshal gangawane

Verified Journalist

4 Articles
Startup & Business Expert
Media Contributor

Harshal gangawane

Verified Journalist

Startup Expert Business Media 4 Articles

Author

Related posts

Origa Bags $450K Funding from Antler Singapore

Desk

Leverage Edu raises $40 million in Series C round, valued at $150 million

Desk

Ecozen to Raise ₹111 Cr Debt Funding from UTI & Spark Investment

Desk

Leave a Comment