Snabbit raises $56 million in Series D funding round
Updated
Updated · inc42.com · Apr 27
Snabbit raises $56 million in Series D funding round
12 articles · Updated · inc42.com · Apr 27
The round was co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments, with new investor FJ Labs joining and total funding now at $112 million.
Snabbit plans to use the capital to expand into 250-300 micromarkets and launch new services like home cooks, after scaling from 400 to 40,000 daily servicing jobs in FY26.
The startup, active in Delhi NCR, Mumbai, Bengaluru, Pune, and Hyderabad, faces growing competition from Pronto and Urban Company, both of which are intensifying their focus on quick home services.
How will new labor laws impact the profitability of Snabbit's on-demand service model?
Is Snabbit's hyperlocal strategy the secret weapon in the competitive home services war?
With rivals losing money per order, can any quick service platform truly achieve profitability?
What is the hidden social cost of replacing personal domestic help with transactional apps?
Are in-app SOS buttons enough to ensure the safety of thousands of female gig workers?