On-demand Home services Startup 'Snabbit' seals $ 5.5 million in Series A
Elevation Capital led a $5.5 million Series A round of funding for Snabbit, a rapid service app that offers on-demand home services. Nexus Venture Partners also participated.
Prominent angels including Niraj Singh, Gaurav Munjal, Sanjeev Barnwal, and Vidit Aatrey also participated in the round. Nexus Venture Partners made a $1 million seed investment in early 2024, which was followed by this round.
For on-demand domestic chores, Snabbit links households with qualified professionals. For jobs like cleaning, dishwashing, and laundry, professionals can be scheduled by the hour and arrive in as little as 15 minutes.
Previously the chief of staff at Zepto, Aayush Agarwal established Snabbit in 2024. The firm operates in a few Mumbai locales, and the money will be utilized to grow to new areas and assemble a capable staff.
Snabbit claims that its full-stack strategy for hiring, educating, and supervising professionals empowers a previously dispersed workforce by offering steady pay and benefits like health and accident insurance.
“India is an incredible market with immense untapped potential for high-frequency home services. Over the past few months, we’ve been extremely focused on understanding customer pain points and building a model that is not only scalable but truly game-changing. The response so far has been highly encouraging—we’ve acquired thousands of customers within just a few kilometers of a serviceable radius, driven primarily by strong word-of-mouth. This is just the beginning of what we see as a massive opportunity. We’re not merely building a business,” said Aayush Agarwal, Founder and CEO of Snabbit.
Prominent angels including Niraj Singh, Gaurav Munjal, Sanjeev Barnwal, and Vidit Aatrey also participated in the round. Nexus Venture Partners made a $1 million seed investment in early 2024, which was followed by this round.
For on-demand domestic chores, Snabbit links households with qualified professionals. For jobs like cleaning, dishwashing, and laundry, professionals can be scheduled by the hour and arrive in as little as 15 minutes.
Previously the chief of staff at Zepto, Aayush Agarwal established Snabbit in 2024. The firm operates in a few Mumbai locales, and the money will be utilized to grow to new areas and assemble a capable staff.
Snabbit claims that its full-stack strategy for hiring, educating, and supervising professionals empowers a previously dispersed workforce by offering steady pay and benefits like health and accident insurance.
“India is an incredible market with immense untapped potential for high-frequency home services. Over the past few months, we’ve been extremely focused on understanding customer pain points and building a model that is not only scalable but truly game-changing. The response so far has been highly encouraging—we’ve acquired thousands of customers within just a few kilometers of a serviceable radius, driven primarily by strong word-of-mouth. This is just the beginning of what we see as a massive opportunity. We’re not merely building a business,” said Aayush Agarwal, Founder and CEO of Snabbit.