Snabbit, a quick-service app, has raised $5.5 million in a Series A funding round led by Elevation Capital, with additional support from Nexus Venture Partners. Notable angel investors, such as Vidit Aatrey, Sanjeev Barnwal, Gaurav Munjal, and Niraj Singh, joined the round. This funding follows a $1 million seed investment from Nexus Venture Partners in early 2024.
Snabbit seeks to streamline urban living by linking households with reliable, skilled professionals for daily home chores. These professionals, available for hourly bookings, can arrive within 15 minutes, ready to handle tasks like cleaning, dishwashing, and laundry. The platform offers a fast, dependable, and high-quality solution to everyday challenges Indian households face.
Founded in 2024 by Aayush Agarwal, former chief of staff at quick-commerce startup Zepto, Snabbit is active in select Mumbai neighbourhoods. The fresh funding will help expand its services to new areas and strengthen its team.
“India is an incredible market with immense untapped potential for high-frequency home services,” said Aayush Agarwal, founder and chief executive officer of Snabbit. “Over the past few months, we’ve focused on understanding customer pain points and building a scalable, game-changing model. The response has been highly encouraging—we’ve acquired thousands of customers within a small serviceable radius, driven 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; we’re creating a new category poised for significant innovation and growth,” he added.
Manish Advani, vice president at Elevation Capital, praised Snabbit’s platform for its quick, on-demand, affordable home services delivered through a hyperlocal network of professionals.
“Leveraging a unique model to deliver reliable and high-quality services swiftly, Snabbit stands out in the home services sector,” he said.
“Snabbit is disrupting the home services industry at the hyperlocal level,” said Suvir Sujan, managing director at Nexus Venture Partners.
Snabbit operates through a hyperlocal network focused on dense residential areas, utilizing a full-stack model to recruit, train, and manage its professionals. The company provides its workforce with stable incomes and key benefits such as health and accident insurance, addressing longstanding issues in a traditionally fragmented and unorganized sector.
