Separator

Snabbit’s $56 Million Series D Fuels India Leadership Bid

Separator

img

Snabbit, India’s fastest-growing quick home services platform, announced a $56 million Series D 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 also participated,  alongside new investor FJ Labs Inc., a leading global marketplace investor. Coming just six months after its  Series C, this fundraise brings Snabbit’s total capital raised to $112mn.

Also Read: India-Africa Relationship Enters New and Decisive Phase

This marks a shift in Snabbit’s journey from category creation to category dominance, with the current raise  focused on strengthening unit economics and deepening its operating backbone alongside calibrated  expansion.

Bhavanipratap Rana, Investment Advisor, Susquehanna VC says, “What stood out  to us about Snabbit is the team’s ability to pair strong customer pull with disciplined execution, market by  market. Their focus on operational resilience and improving unit economics as they scale gives us strong  conviction in the opportunity. We are excited to partner with Aayush and the team as they build a trusted  platform for on-demand home services in India”.

“This capital lets us build India's largest  home services marketplace, with the ability to anchor a much larger consumer platform over time”, says  Aayush Agarwal, Founder & CEO, Snabbit.

 

The platform is already delivering over 40,000 jobs daily across five cities* and 140 micro-markets  through a network of 15,000+ Experts, and crossed one million monthly jobs in March 2026 alone, with mature  micro-markets capturing a leading share of organised demand.

As the category scales past 10 million Monthly  Active Users, Snabbit’s MAUs translate into category-leading throughput at 40,000 jobs per day from a limited  footprint, underscoring superior utilisation, repeat demand, and operational density over surface-level reach.

Also Read: PM to Launch Rs.4,000 Crore Projects at Sikkim Statehood Event

“By creating  meaningful value on both sides of the marketplace, we believe Snabbit is building a truly enduring business.  We’re excited to partner with Aayush and the team as they continue to redefine convenience for millions of  users,” adds Puneet Kumar, CEO, Mirae Asset Venture Investments, India.

Rohit Sood, Partner, Bertelsmann India Investments says, ‘Since we led the Series C round 6 months ago,  Snabbit has executed with remarkable speed and discipline - growing at an exceptional pace while  strengthening the fundamentals of the business. This combination is rare, and gives us, at Bertelsmann, strong  conviction to double down as the team builds a category-leading platform.’

While downloads scale with geographic expansion, daily jobs remain an accurate measure of marketplace  strength, on which Snabbit leads despite operating in significantly fewer cities, reflecting stronger demand  density and cost-efficient unit economics. As it expands, the company is well-positioned to sustain and grow  this lead, driving 2–3x higher jobs per micro-market and per user versus category averages.

Also Read: India-New Zealand FTA Will Boost Opportunities for MSMEs

Over the past year, Snabbit has scaled from fewer than 400 to over 40,000 daily jobs, a 100x increase driven  by strong consumer demand. Newer micromarkets are scaling 3x faster than earlier cohorts, signalling  increasing mainstream adoption and habit formation. Category expansion is reinforcing this momentum.

In Print




Most Viewed

From 'Volume' to 'Value': India Inc's Mantra to Capture the Global Pharmaceutical Market A Fight Back from Arabian Peninsula When will The Tech Industry’s Lay-off Season End? The Story of a Broken Trust Technology Key To Global Travel Recovery What To Keep In Mind When Selecting The Right Air Compressor For Replacement? The Best Way to Recover from Ransomware Attacks How Tensions Grew Worse between Elon Musk and Donald Trump New Markets, New Brands: Tailoring Success for Different Places Empowered Leadership in a Changing Legal World Four Key Steps For Healthcare Providers To Combat Ransomware Turning Vision into Value: How I Built Purposeful Digital Ecosystems in the UK Dave Thomas: A Role Model for Aspiring Entrepreneurs, Philanthropists Digital Analytics Products: How Organizations Choose Them Kelly Ortberg: The New Boeing CEO Who is Already on the Headlines India’s Military Alacrity for Modern Threats Reshma Saujani: Reshaping Social Attitudes Around Gender and Tech India is Manifesting Leadership in Drone Technology 5 Greatest Role Models in the Manufacturing Industry Creating a Stronger Ecosystem by Fixing the Nuts & Bolts of the Economy Microsoft for India: Making India for Future Ready India's UPI Launch in France Opens Gateway to Global Fintech Power Tim Cook Nears Retirement, Who Will Take Over Apple's Throne? Soil Based Microbial Fuel Cells Could Protect the Environment from Flammable Chemicals The mantra of Academic Collaboration Echoes on this Teachers’ Day Indian semiconductor Boom Has Abundant Room for SME-preneurs Indian Healthcare Ecosystem is Hosting a Multidimensional Paradigm Shift Being a True Republic: You Got to Love this New, Powerful India Qatar World Cup 2022 Might Be Over, But Arabian Peninsula’s Sports Dream is Just Beginning Reimagining the UK–India Partnership in a Changing Global Order These Schemes Will Facilitate Women Entrepreneurs Decarbonization & Sustainable Future: Technology & What it can Do?


🍪 Do you like Cookies?

We use cookies to ensure you get the best experience. Read more…