Summary: Snabbit, a Mumbai-based startup providing on-demand home services such as cleaning, laundry, and dishwashing, has announced the successful completion of its $5.5 million Series A funding round. The round was led by Elevation Capital, with additional backing from Nexus Venture Partners and prominent angel investors. Launched in 2024 by Aayush Agarwal, Snabbit takes a full-stack approach to service delivery, managing everything from workforce training to providing employee benefits, ensuring reliability and scalability.
This new funding will fuel Snabbit’s plans to expand operations beyond Mumbai, enhance its technology, and grow its team. Positioned within India’s rapidly growing quick-delivery market, Snabbit aims to redefine home services with its hyperlocal, high-frequency model, addressing the rising demand for everyday convenience.
Pioneering Home Services Innovation
Snabbit was founded by Aayush Agarwal, formerly Chief of Staff at Zepto, to bridge a critical gap in home service accessibility. The platform offers fast, reliable services with a 15-minute arrival time, connecting customers with skilled and trained professionals. Initially launched in select areas of Mumbai, Snabbit has received an overwhelmingly positive response and is now poised to scale operations across India.
“India represents a vast, untapped market for frequent home services,” said Agarwal, CEO and Founder of Snabbit. “By focusing on customer pain points, we’ve built a model that prioritizes speed, quality, and reliability. Our early success validates the demand for a redefined home services experience, and we’re excited to expand further.”
Agarwal emphasized that Snabbit’s mission extends beyond building a business—it aims to revolutionize the home services sector and set new standards for convenience.
A Unique Full-Stack Approach
What sets Snabbit apart is its full-stack operational model. The company directly manages all aspects of service delivery, from sourcing and training professionals to providing them with comprehensive benefits like health and accident insurance. This integrated approach ensures a consistent, high-quality experience for customers while fostering long-term stability and growth for its workforce.
Investor Confidence in Snabbit’s Vision
Manish Advani, Vice President at Elevation Capital, expressed strong confidence in Snabbit’s potential. “Snabbit’s ability to deliver fast, affordable, and reliable services through its hyperlocal model is a true innovation. We’re excited to support their journey as they expand and redefine the home services landscape,” he said.
Suvir Sujan, Managing Director at Nexus Venture Partners, highlighted the startup’s focus on urban density as a strategic advantage. “By addressing high-frequency needs in densely populated areas, Snabbit is creating significant value for both customers and service providers. This positions them as leaders in a highly competitive market,” he added.
Capitalizing on India’s Rapid-Delivery Boom
India’s quick-delivery sector has seen exponential growth in areas like food, groceries, and medicine. Snabbit is leveraging this momentum to carve out its niche in the home services space, focusing on high-frequency, hyperlocal offerings to meet growing consumer demand.
With the newly raised funds, Snabbit plans to expand its geographic reach, enhance its technology platform, and strengthen its team. By addressing the evolving needs of urban households, the company is well-positioned to lead the transformation of India’s home services sector, bringing unparalleled convenience to everyday life.
As Snabbit embarks on its next phase of growth, the company’s innovative approach, strong investor backing, and commitment to quality signal a bright future for the home services industry in India.
Check out more on Startup News and Startup Funding News. Stay connected with us across all our social media platforms: Facebook, Instagram, LinkedIn, X (formerly Twitter), and Join Our Community.