Snabbit Raises $56 Million in Series D, Valued at $360 Million After Hitting 1 Million Monthly Jobs

Quick home services platform Snabbit has raised $56 million in a Series D led by Susquehanna VC, pushing its valuation to $360 million after crossing one million monthly jobs in March 2026.

Bengaluru-based Snabbit, the quick home services platform that scaled from 400 to 40,000 daily orders in under 12 months, has raised $56 million in a Series D round — pushing its valuation to $360 million and bringing total funding to $112 million.

The round was led by Susquehanna VC, with participation from Mirae Asset Venture Investments and Bertelsmann India Investments. Snabbit plans to use the proceeds to expand into new cities, deepen its presence in existing markets, add high-frequency service categories, and strengthen its balance sheet.

Founded in 2024 by Aayush Agarwal as a hyperlocal home services platform focused on speed and reliability, Snabbit currently operates across five cities: Mumbai Metropolitan Region, Delhi NCR, Pune, Hyderabad, and Bengaluru. The platform operates across 140 active micromarkets and processes over 40,000 jobs daily through a network of more than 15,000 service professionals — all women. In March 2026, the company crossed one million monthly jobs, a milestone it used to anchor this funding announcement.

The all-women service professional model has been central to Snabbit’s brand positioning from the outset, addressing a persistent trust gap in home services that has historically been a friction point for urban households — particularly in metro markets where safety concerns around service workers shape booking decisions.

The quick home services segment is becoming crowded quickly. Urban Company’s InstaHelp crossed one million bookings in March 2026, the same month Snabbit hit that threshold, setting up a direct comparison between the two platforms at scale. Pronto, another player in the space, completed its first year of operations, reporting over 500,000 monthly fulfilled bookings, and is reportedly in the process of raising $20 million in fresh capital, months after closing a $25 million Series B.

Snabbit’s edge, as it scales, will likely come down to unit economics in its existing five cities before it adds more. Expanding the micromarket model — which depends on a dense enough supply of trained professionals to guarantee fast turnarounds — is harder to replicate quickly than a marketplace playbook, but also harder for competitors to match once established. The $56 million gives it the runway to find out.

Back in January, another Bengaluru-based startup, Pync, operating in the home services sector, was shut down, and its co-founders, Harsh Prateek, Mayank Sahu, and Dev Priyam, have joined Snabbit in senior leadership roles overseeing operations and business functions.

A front facing photo of Mohammed Haseeb, he is the founder of LAFFAZ Media
Mohammed Haseeb

Founder & Editor-in-Chief of LAFFAZ Media, Mohammed Haseeb is a self-taught business journalist and digital strategist covering startups, entrepreneurship, and emerging tech ecosystems across India, MENA, and global markets. His reporting highlights founder journeys, startup growth, and ecosystem developments, delivering actionable insights for entrepreneurs and business leaders worldwide.

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