India's startup ecosystem is buzzing with the meteoric rise of Snabbit, a quick-service home help platform that has doubled its valuation to $180 million in a mere five months.
This remarkable growth, as reported by TechCrunch, underscores the increasing demand for instant convenience in urban Indian households, expanding beyond food and grocery delivery into domestic services.
The Rapid Rise of Snabbit in India’s Startup Scene
Snabbit has secured its third funding round in just nine months, raising approximately $30 million in a Series C round led by Bertelsmann, with participation from investors like Lightspeed, Elevation Capital, and Nexus Ventures.
Founded in 2024 by Aayush Agarwal, formerly Chief of Staff at Zepto, Snabbit has tapped into a traditionally offline and informal sector by offering on-demand home services like cleaning, laundry, and dishwashing within minutes.
Transforming the Domestic Help Industry
The platform’s tech-driven approach connects verified domestic workers with households, addressing pain points such as reliability and speed in a market long plagued by inconsistency.
Currently operating in five major cities including Mumbai, Bengaluru, and Gurugram, Snabbit plans to expand to the top 10 metros in India within the next two quarters.
Economic and Social Impact on Urban India
This expansion is poised to create thousands of job opportunities for domestic workers, while providing urban families with seamless access to essential services amidst their fast-paced lifestyles.
Historically, India’s domestic help sector has been unorganized, often leaving workers vulnerable to exploitation and households frustrated by inefficiencies, a gap Snabbit aims to bridge with its innovative model.
Future Prospects and Industry Trends
Looking ahead, Snabbit is eyeing new verticals such as cooking, elder care, and child care, signaling its ambition to become a one-stop solution for household needs.
Analysts predict that the success of Snabbit could inspire a wave of similar startups, further digitizing India’s care economy and transforming how urban households manage daily chores.
With plans for a potential 2026 IPO, as reported by various sources, Snabbit is positioning itself as a frontrunner in the hyperlocal service industry, potentially setting new benchmarks for growth and scalability.
For more details on Snabbit’s journey, check out the original reporting on TechCrunch.
Andrew Lee
