Snabbit has secured $56 million in a Series D funding round as it aims to strengthen its foothold in India’s rapidly growing on-demand household services market. The round was co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments’ Unicorn Growth Fund, and Bertelsmann India Investments, which reaffirmed its confidence by participating again. Established investors Nexus Venture Partners and Lightspeed also joined, along with new investor FJ Labs.
This latest funding round follows closely on the heels of the company’s Series C, raising Snabbit’s total capital to $112 million and signaling a shift from merely creating a category to establishing leadership within it.
Founded by Aayush Agarwal, Snabbit operates a hyperlocal marketplace offering quick home services, including cleaning and cooking, across five major cities: Bengaluru, Mumbai Metropolitan Region, Delhi NCR, Pune, and Hyderabad. Agarwal emphasized the significance of this fundraise, stating, “We see this fundraise as a mandate, not a milestone. We’re building for one of the largest behavior shifts in Indian consumer life, creating scalable economic opportunities for tens of thousands of women.”
Snabbit is currently processing over 40,000 jobs daily through a network of more than 15,000 service professionals, predominantly women. The company reached a milestone of one million monthly jobs in March 2026, indicating a growing acceptance of their service offerings.
The startup adopts a density-led expansion strategy, concentrating on reinforcing its presence in micromarkets rather than spreading across a broader geographical area. This approach has reportedly improved its unit economics, leading to a 50 percent reduction in burn per order over the last six months, with newer micromarkets achieving three times the scaling speed of earlier cohorts.
Investors have noted that Snabbit’s operational execution and focus on fundamentals distinguish it in a largely fragmented market. “Home services is one of India’s largest and most underpenetrated consumer categories, but also one of the hardest to organize well,” remarked Bhavanipratap Rana, investment advisor at Susquehanna Venture Capital. He highlighted Snabbit’s unique ability to combine strong customer demand with disciplined market execution.
Puneet Kumar, CEO of Mirae Asset Venture Investments, referred to Snabbit as a “generational opportunity” to support a consumer platform addressing the everyday challenges faced by Indian households, underscoring the company’s rapid growth and customer loyalty.
Rohit Sood, partner at Bertelsmann India Investments, complimented the company on its swift and disciplined progress since the previous fundraising round, enhancing both its growth trajectory and business fundamentals.
India’s home services market, valued at over $60 billion, remains largely untapped with minimal digital penetration. Snabbit plans to utilize the new capital to expand into new cities, strengthen its existing market presence, and grow adjacent high-frequency service categories as competition intensifies in the quick services sector.
The article was published on April 28, 2026.
