Snabbit, a fast-growing quick services provider, has secured $19 million (around ₹160 crore) in a fresh funding round led by Lightspeed. Existing investors, including Elevation Capital and Nexus Venture Partners, also participated. Founder Aayush Agarwal revealed the development in a recent interview with Moneycontrol.
This funding round follows closely on the heels of Snabbit’s $5.5 million Series A, raised just four months ago. The new capital injection signals strong investor confidence and positions the company to dominate India’s rapidly evolving quick home services market.
Revolutionizing Home Services, One Task at a Time
Snabbit promises a technician or house help at your doorstep within 10 minutes. Whether it’s general cleaning, dishwashing, laundry, or other daily household tasks, Snabbit deploys trained personnel at lightning speed. This instant fulfillment model, coupled with reliable service, has resonated with urban Indian households.
Agarwal built Snabbit to address a long-standing gap in the domestic services ecosystem. Before Snabbit, many Indian homes relied on informal, unstructured service providers, often facing issues around availability, trust, and quality. Snabbit offers a professional, app-based solution that brings structure and predictability to an otherwise chaotic space.
Leading the Charge in a Competitive Landscape
The quick services sector in India is heating up. Snabbit’s rival Pronto, based in Gurugram, recently raised $2 million in a seed round from Bain Capital Ventures. Other companies, such as Slikk, are also catching investors’ eyes with their fresh approaches to the quick commerce model.
Despite the growing competition, Agarwal remains confident. “Be it Urban Company, Pronto, Pync, or any other startup, we are not bothered. They have copied what Snabbit built and are currently solving the problems we had solved one year ago,” he asserted.
Agarwal believes that early execution gives Snabbit a critical edge. “All our rivals came up with the idea only after us. So, it becomes our battle to lose, not their battle to win,” he added. He also pointed out that execution—not just the idea—will determine long-term winners in this space.
Strategic Expansion Ahead
Currently, Snabbit operates in select areas of Mumbai and Bengaluru. With the new funding, the company plans an aggressive expansion across India’s metro cities. It aims to cover over 200 micro-markets within the next nine months. This move will mark a significant scale-up from its current presence.
The company will use the fresh capital to build out its workforce, improve tech infrastructure, and fine-tune operational logistics. Snabbit also plans to strengthen its backend systems to maintain service consistency as it scales.
A Founder with Strong Pedigree
Agarwal founded Snabbit in 2024 after exiting Zepto, a quick commerce giant in the grocery delivery space. Zepto has become one of India’s most prominent consumer internet startups, having raised nearly $2 billion from marquee investors. Interestingly, both Lightspeed and Nexus Venture Partners, key backers of Zepto, also support Snabbit. This overlap reflects investor belief in Agarwal’s capability to execute and disrupt another high-demand consumer segment.
Agarwal’s previous experience at Zepto has influenced Snabbit’s core strategy. Just as Zepto redefined grocery delivery with its 10-minute promise, Snabbit mirrors that ambition in the domestic services market.
Investors See Massive Potential
Investors have responded with enthusiasm. Rahul Taneja, Partner at Lightspeed, praised the company’s clarity of vision. “Snabbit is transforming home services in India by bringing speed, structure, and trust to a sector that has largely operated informally until now,” he said.
Suvir Sujan, Co-founder and Managing Director of Nexus Venture Partners, echoed similar sentiments. “Snabbit continues to execute with clarity and purpose in a space that’s long overdue for change. They’ve taken a complex, hyperlocal problem and built a scalable, full-stack solution that delivers value to both consumers and professionals,” Sujan noted.
Snabbit’s rapid fundraising process further reinforces investor confidence. “We closed the round in under a week’s time, that should tell you,” Agarwal stated.
The Model That’s Winning Urban India
Snabbit’s model taps into the changing dynamics of Indian urban life. As nuclear families grow and dual-income households become the norm, the demand for reliable, on-demand home help has surged. Snabbit addresses this need with a tech-driven approach and a large pool of trained, background-verified professionals.
Each professional goes through a standardized training module to ensure consistency in service. The company tracks customer feedback rigorously and uses data analytics to improve performance and reallocate resources based on demand peaks.
The app also enables seamless booking, real-time tracking, and flexible payments, creating a smooth user experience from start to finish. By digitizing the entire service lifecycle, Snabbit delivers convenience and quality without compromising on reliability.
Differentiators That Matter
Unlike marketplaces that merely connect users with freelancers, Snabbit operates on a full-stack model. It controls both demand and supply, enabling quality control and faster response times. This vertical integration allows Snabbit to maintain service standards even as it scales across cities.
Snabbit also focuses on building long-term trust. It assigns repeat personnel to households wherever possible, creating a familiar, reliable experience. Additionally, its real-time availability feature ensures that help is always just minutes away—ideal for emergencies and last-minute chores.
A Glimpse into the Future
Snabbit plans to continue investing in product innovation and customer experience. The next phase of growth will include AI-powered scheduling, predictive resource allocation, and multilingual app support to make the platform more inclusive.
The company also wants to become an employment engine. By formalizing domestic labor, it empowers gig workers with stable income, safety protocols, and career advancement opportunities. This dual impact—consumer convenience and job creation—strengthens Snabbit’s positioning in the Indian ecosystem.
Conclusion
Snabbit is not just scaling fast; it’s building a category-defining business. With strong investor backing, a clear execution roadmap, and a founder who understands the dynamics of hyperlocal logistics, Snabbit is poised to transform how Indian households access everyday services. As competition grows and demand surges, the next 12 months could cement Snabbit’s place as a market leader in India’s quick home services revolution.