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India’s Snabbit seeks fresh funding at a $400M valuation, sources say
Indian instant house-help startup Snabbit is close to raising around $50 million in new funding at a valuation of $400 million, led by Susquehanna Venture Capital. The funding round includes participation from notable investors and highlights the growing demand for domestic help services driven by India's urban workforce.
Key points
- Snabbit, founded in 2024, connects households with on-demand domestic help.
- Current funding round aiming to raise $50 million, possibly increasing to $55 million due to strong investor demand.
- Previous valuation was $180 million after a $30 million round in October 2025.
- Significant market growth with similar startups like Pronto and Urban Company.
- Aayush Agarwal reported over 10,000 daily jobs and more than 1 million total jobs completed as of March.
Why it matters
- The rise of on-demand services in India aligns with 2025 IT trends focusing on automation and convenience.
- Interest in household service startups is increasing as urbanization and lifestyle expectations evolve among young professionals.
The funding round signifies Snabbit's potential growth in a highly competitive market, underlining the changing landscape of domestic services in India's urban centers.