Snabbit Raises $56 Million Series D, Bringing Total Capital to $112 Million as India's Quick-Service Home Help Category Goes Mainstream

Snabbit, India's first quick-service app for on-demand home help, today announced the close of a $56 million Series D financing round. The round takes the company's total capital raised to $112 million in just two years and arrives less than six months after its $30 million Series C, underscoring rapid investor conviction in the breakout category Snabbit pioneered.

The round was led by new investors Susquehanna Venture Capital and Mirae Asset Ventures Investments. Bertelsmann India Investments, which led the company's Series C only months ago, doubled down with a follow-on investment. Existing backers Nexus Venture Partners, Lightspeed India and Elevation Capital also participated. Nexus, Snabbit's earliest institutional believer, has now invested in every round since the company's seed in May 2024.

“247 metres. That's the median distance our Experts travel between two jobs — and it's the single number that explains why we just closed our Series D,” said Aayush Agarwal, Founder and CEO of Snabbit. “This is a hyperlocal business. Density compounds — higher earnings for Experts, faster service for customers, and meaningfully better unit economics for the platform. Two years ago, no one believed this category could exist. Today, it is the breakout consumer story of the decade. We treat this fundraise as a mandate, not a milestone.”

Operating Highlights

• 4x growth in daily jobs over the last six months, with top micro-markets now crossing 1,000 jobs a day.
• 50% reduction in burn per job over the same period — growth achieved by sharpening unit economics, not loosening them.
• 247 metres median distance Experts travel between consecutive jobs — a hyperlocal density flywheel that the company believes underpins its market leadership despite a deliberately limited geographic footprint.
• Over 800,000 monthly orders as of February 2026, as the instant house-help business continues to scale.
• Ranked #1 among 65 competitors in its category, with employee headcount growing 161% year-over-year to 313 as of March 2026.

What's Next: From House Help to Home Cooks

Snabbit was the first to launch House Help as a quick-service category in India. With this round, the company is preparing to launch Home Cooks as its next category, with the goal of making a freshly prepared meal in your own kitchen as convenient as on-demand cleaning and dishwashing. The company also plans continued investment in safety infrastructure, building on the recent rollout of Kavach, a safety system designed for women home-service workers, and the appointment of Abhinav Ankur as Chief Business Officer to scale the quick-service model.

Snabbit's Funding Journey

• April 2026 — Series D: $56 million, led by Susquehanna Venture Capital and Mirae Asset Ventures Investments.
• October 2025 — Series C: $30 million at a $180 million post-money valuation, led by Bertelsmann India Investments.
• May 2025 — Series B: $19 million, led by Lightspeed Venture Partners with Elevation Capital and Nexus Venture Partners.
• January 2025 — Series A: $5.5 million, led by Elevation Capital and Nexus Venture Partners, with angels including Vidit Aatrey, Gaurav Munjal, Niraj Singh and Sanjeev Barnwal.
• May 2024 — Seed: $959K from Nexus Venture Partners.