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India’s home services sector has long been characterised by fragmentation, inconsistency, and a significant trust deficit between consumers and service providers. Snabbit, a hyperlocal on-demand home services platform, is working to change that — and its latest funding round signals that institutional investors are taking notice.
Snabbit has successfully closed a $56 million Series D funding round, co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments (MAVI), Unicorn Growth Fund, and Bertelsmann India Investments (BII). The round also welcomed new participants, including global marketplace investor FJ Labs and Susquehanna VC, marking a strong vote of confidence in the platform’s model and long-term growth trajectory.
A Valuation That Tells Its Own Story
Perhaps the most telling indicator of Snabbit’s momentum is the pace at which its valuation has grown. Just five months after closing a $30 million Series C led by Bertelsmann India Investments, the company’s valuation has doubled — rising from $180 million to approximately $360 million. This rapid appreciation reflects not merely investor optimism, but a business demonstrating measurable operational progress at scale.
Building on Strong Operational Foundations
Snabbit currently operates across five major urban markets — Mumbai Metropolitan Region, Delhi NCR, Pune, Hyderabad, and Bengaluru — spanning 140 micromarkets. The platform facilitates over 40,000 jobs daily and crossed the milestone of one million monthly jobs in March 2026. Its workforce of more than 15,000 service professionals is composed entirely of women, underscoring the company’s commitment to inclusive economic participation.
The platform’s growth trajectory has been remarkable. Snabbit scaled from 400 to 40,000 daily orders in under a year — a figure that speaks to both market demand and the strength of its operational infrastructure.
What Comes Next
The Series D capital will be directed towards three strategic priorities: expanding into new cities, consolidating presence within existing markets, and introducing higher frequency service categories. Among the new verticals being piloted is home cooks, which the company plans to scale across Bengaluru over the coming months.
Founder and CEO Aayush Agarwal has framed this round as a mandate to build for the long term — prioritising depth over speed and sustainable unit economics over aggressive expansion.
For a sector as large and as underserved as home services in India, Snabbit’s progress offers a compelling blueprint for what organised, technology enabled delivery can look like at scale.
