“Snabbit Raises $5.5 Million in Series A to Transform India’s On-Demand Home Services Market”

"Snabbit Raises $5.5 Million in Series A to Transform India’s On-Demand Home Services Market"

Summary: Snabbit, a Mumbai-based startup providing on-demand home services such as cleaning and laundry, has raised $5.5 million in Series A funding led by Elevation Capital, with participation from Nexus Venture Partners and angel investors. Founded in 2024 by Aayush Agarwal, Snabbit adopts a full-stack model, managing everything from sourcing and training professionals to providing workforce benefits, ensuring reliable and scalable services.

The funding will support Snabbit’s expansion beyond Mumbai, enhance its technology, and grow its team. Positioned in India’s booming rapid-delivery market, the company leverages a hyperlocal and high-frequency model to address untapped demand for home services. With strong investor backing, Snabbit aims to redefine everyday convenience and establish itself as a leader in the home services sector.

Transforming Home Services in India

Launched in 2024 by Aayush Agarwal, a former Chief of Staff at Zepto, Snabbit delivers on-demand services such as cleaning, laundry, and dishwashing. The platform connects users with trained professionals and boasts a swift 15-minute service arrival time. Initially operating in select areas of Mumbai, Snabbit plans to utilize this latest funding to scale its operations, expand to new cities, and enhance its technological capabilities.

“India offers immense untapped potential in the home services segment,” said Agarwal, Founder and CEO of Snabbit. “We’ve focused on understanding consumer needs and addressing their pain points with a scalable, innovative model. The positive response we’ve received within a limited service area has been incredible, and we’re excited to grow from here.”

Agarwal envisions Snabbit not just as a business but as a platform that redefines how home services are delivered, addressing a critical gap in everyday conveniences.

A Comprehensive Model for Superior Service

Snabbit’s full-stack operational model sets it apart in the fragmented home services industry. By managing every aspect of service delivery—from sourcing and training professionals to providing them with benefits like health and accident insurance—the company ensures both reliability for customers and stability for its workforce.

This integrated approach allows Snabbit to offer consistent, high-quality services while fostering a sustainable work environment for service providers.

Investor Confidence and Market Potential

Manish Advani, Vice President at Elevation Capital, expressed confidence in Snabbit’s growth trajectory. “Snabbit’s hyperlocal approach to delivering fast, affordable, and reliable home services is transforming this space. Their ability to combine speed, quality, and affordability is a game-changer, and we’re thrilled to support their vision as they scale operations beyond Mumbai.”

Suvir Sujan, Managing Director at Nexus Venture Partners, highlighted the company’s unique focus on densely populated urban areas. “Snabbit is reshaping the home services landscape at a granular level. Their innovative full-stack approach benefits both consumers and providers, giving them a clear edge in a competitive market,” he said.

Positioned for Growth in India’s Rapid-Delivery Sector

The rapid-delivery market in India has experienced explosive growth, particularly in sectors like food, groceries, and medicine. Snabbit aims to carve out a unique niche by focusing on high-frequency, hyperlocal home services—a category with significant growth potential.

With the newly secured funding, Snabbit is poised to expand its geographic footprint, strengthen its team, and deepen its service offerings. By leveraging technology and its scalable model, the company is set to address rising demand and redefine home services for Indian households.

As Snabbit embarks on this next chapter, its strong backing from investors and commitment to innovation position it to lead the transformation of the home services sector, making everyday life more convenient for consumers across India.

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