India: Snabbit raises $56m funding amid rising demand for insta helps


Snabbit, a quick home services platform, on Tuesday announced that it has raised $56 million in its Series D funding round co-led by Susquehanna Venture Capital; Mirae Asset Venture Investments’ Unicorn Growth Fund; and Bertelsmann India Investments, which is doubling down on its investment in the company.

Existing investors Nexus Venture Partners and Lightspeed participated in the round, along with new investor FJ Labs Inc., the company said in a statement.

The funding comes six months after Snabbit’s Series C round and brings its total capital raised to $112 million.

According to the company, the capital proceeds will be allocated across three key areas, including expansion into new cities while strengthening its presence in existing markets, scaling high-frequency service categories with established product-market fit, and reinforcing its balance sheet to support long-term growth and disciplined capital allocation.

Snabbit said it currently facilitates more than 40,000 jobs per day across five cities and 140 micro-markets, supported by a network of over 15,000 service providers. It added that the platform recorded more than 1 million monthly jobs in March 2026.

“We see this fundraise as a mandate, not a milestone. 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. This capital lets us build India’s largest home services marketplace, with the ability to anchor a much larger consumer platform over time,” said Aayush Agarwal, founder and CEO, Snabbit.

Founded in 2024 by Aayush Agarwal, Snabbit delivers on-demand home services through a hyperlocal network of trained professionals concentrated in dense residential areas. The platform specialises in services such as cleaning, laundry, and dishwashing.

India’s home services market, estimated at over $60 billion, remains largely fragmented and informal, with organised digital platforms accounting for less than 5% penetration. The sector is projected to grow steadily through 2030, nearing $100 billion in size.