India’s instant house-help startup Snabbit is making big moves. The Bengaluru-based company is close to raising around $50 million in fresh funding at a valuation of approximately $400 million, according to a report by TechCrunch. The round is being led by Susquehanna Venture Capital, and the deal could be officially announced as early as next week.
This Snabbit funding round is also expected to see participation from Mirae Asset, FJ Labs, and existing investors including Lightspeed Venture Partners and Bertelsmann India Investments. Sources familiar with the matter suggest the round size could exceed $50 million, given the strong interest from investors.
From ₹0 to a $400M Startup in Just Two Years
Founded in 2024 by Aayush Agarwal, Snabbit connects urban households with on-demand domestic help — cleaning, dishwashing, laundry, and more through a carefully managed network of verified professionals. What makes this Snabbit funding milestone even more remarkable is the speed of growth.
Just six months ago, in October 2025, the startup was valued at $180 million when it raised $30 million. Today, that valuation has more than doubled to $400 million. Before this round, Snabbit had raised a total of $55 million in funding.
Numbers That Are Hard to Ignore
The traction behind Snabbit is real. The platform completed over one million jobs in March 2026 alone and records more than 10,000 daily jobs consistently. All professionals on its platform currently around 5,000 are women, making Snabbit a unique player in India’s gig economy that drives both speed and social impact.
Why Investors Are Betting Big on House-Help Startups?
The Snabbit funding story is not happening in isolation. India’s instant home services sector is heating up fast. Rival startup Pronto is finalising its own funding round at a $200 million valuation, and Urban Company’s instant home services vertical crossed one million monthly bookings in March 2026.
India’s young, urban workforce accustomed to on-demand grocery and food delivery — is now turning to apps for household help too. That behavioural shift is exactly what investors are banking on.
What’s Next for Snabbit?
With fresh capital in hand, Snabbit is expected to expand to more cities, scale its women workforce, and strengthen its technology platform. If growth continues at this pace, a unicorn valuation could be just around the corner.
Key Highlights:
- Snabbit is in talks to raise $50 million at a $400M valuation
- Round is led by Susquehanna Venture Capital, with Mirae Asset & Lightspeed participating
- Startup crossed 1 million jobs in March 2026 alone all handled by women workers
- Valuation has more than doubled from $180M in just six months