The current raise is focused on strengthening unit economics and deepening its operating backbone alongside calibrated expansion
Snabbit, an Indian quick home services platform, has notified a USD 56 million series D round co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments’ Unicorn Growth Fund and Bertelsmann India Investments, which is doubling down on its investment in the company.
Existing investors Nexus Venture Partners and Lightspeed also participated, alongside new investor FJ Labs Inc., a global marketplace investor. Coming six months after its series C, this fundraise brings Snabbit’s total capital raised to USD 112 million.
The current raise is focused on strengthening unit economics and deepening its operating backbone alongside calibrated expansion. The company claimed that the platform is already delivering over 40,000 jobs daily across five cities and 140 micro-markets through a network of over 15,000 experts, and crossed one million monthly jobs in March 2026, with mature micro-markets capturing a leading share of organised demand.
“We see this fundraise as a mandate, not a milestone. We are building for one of the largest behaviour shifts in Indian consumer life, bringing a daily, in-home service category onto a marketplace for the first time, and creating scalable economic opportunities for tens of thousands of women in the process. This capital lets us build India’s largest home services marketplace, with the ability to anchor a much larger consumer platform over time”, said Aayush Agarwal, Founder and Chief Executive Officer (CEO), Snabbit.
The USD 56 million will be deployed across three priorities, which includes expanding into new cities while deepening density and leadership in existing markets, scaling additional high-frequency service categories with proven product-market fit and strengthening the balance sheet to ensure long-term runway and disciplined capital allocation.
“What stood out to us about Snabbit is the team’s ability to pair strong customer pull with disciplined execution, market by market. Their focus on operational resilience and improving unit economics as they scale gives us strong conviction in the opportunity. We are excited to partner with Aayush and the team as they build a trusted platform for on-demand home services in India,” stated Bhavanipratap Rana, Investment Advisor, Susquehanna VC.
Market Size
The company highlighted that India’s home services market, already estimated at over USD 60 billion, remains highly fragmented and largely informal, with less than 5 per cent penetration by organised digital platforms. The category is expected to grow steadily through 2030, approaching USD 100 billion in size, while its online and on-demand segments expand significantly faster, driven by rising disposable incomes, increasing willingness to pay for convenience, and a shift toward more reliable and accountable service experiences.
Within this, instant home services are emerging as the fastest-growing layer, reshaping consumer behaviour in urban India. Snabbit is positioning itself as the default interface between households and their recurring service needs, capturing this shift through a hyperlocal, on-demand model it pioneered in 2024.
