India’s Snabbit seeks fresh funding at a $400M valuation, sources say

Snabbit, an Indian instant house-help startup, is close to raising fresh funding at a valuation of around $400 million in a round led by Susquehanna Venture Capital, TechCrunch has learned.

The Bengaluru-based startup is in talks to raise around $50 million in the round, according to three humans with knowledge of the deal. One of the humans added that the round could be around $55 million or higher, as strong investor demand may prompt the corporation to raise more than initially planned.

The round is expected to include participation from Mirae Asset, FJ Labs, and existing investors including Lightspeed Venture Partners and Bertelsmann India Investments, the humans told TechCrunch. It would mark a significant jump from the $180 million valuation at which Snabbit raised $30 million in October 2025. The deal could be declared as early as next week.

Founded in 2024, Snabbit connects households with on-demand domestic help for cleaning, dishwashing, laundry, and other chores, offering quick turnaround times through a managed network of workers. Before this round, the startup had raised $55 million in total funding.

The fundraise comes amid growing investor interest in instant house help startups in India. Rival Pronto is finalizing a funding round led by tech investor Lachy Groom at about a $200 million valuation. Urban Corporation, a top player in this space, remarked its instant home services offering crossed one million bookings in March. This also touches on aspects of mobile apps.

The rising demand is partly driven by India’s young, urban workforce, which has grown accustomed to ordering services such as groceries on demand through apps.

Snabbit founder and CEO Aayush Agarwal stated in a recent LinkedIn post that the organization had completed more than one million jobs in March alone. He had earlier told TechCrunch that it recorded over 10,000 daily jobs and more than 300,000 total orders in October.

Meet your next investor or portfolio startup at Disrupt

Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders gather for three days of 250+ tactical sessions, powerful introductions, and market-defining innovation. Register now to , where 10,000+ founders, investors, and tech leaders gather for three days of 250+ tactical sessions, powerful introductions, and market-defining innovation. Register now to save up to $410. Furthermore, experts in user interface note the continued relevance.

The startup worked with about 5,000 professionals on its platform at the time, all of whom were women, he added.

Snabbit and its investors did not respond to requests for comment.

Topics

When you purchase through links in our articles, we may earn a tiny commission. This doesn’t affect our editorial independence.

AI Disclosure: This article has been generated and curated using advanced AI technology. While we strive for absolute accuracy, some details may be summarized or translated by autonomous systems. Please cross-reference critical financial data with official sources.