What is Snabbit and what services does it offer?

Snabbit connects urban households with trained and verified domestic helpers for chores like cleaning and dishwashing, available on-demand or through scheduled bookings.

How much funding has Snabbit raised previously?

Snabbit has raised a total of $56 million to date, with its most recent round in October securing $30 million in Series C funding.

What is the growth potential of the Indian home services market?

The Indian home services market is a fast-growing segment, expected to expand from $60 billion in FY25 to $100 billion by FY30.

Home / Business and Economy / Snabbit Seeks New Funds Amidst Home Services Boom

Snabbit Seeks New Funds Amidst Home Services Boom

15 Dec

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Summary

Snabbit is initiating talks for a new funding round.
The company previously raised $30 million in Series C funding.
India's home services market is projected to reach $100 billion by FY30.

Snabbit Seeks New Funds Amidst Home Services Boom

Snabbit, a startup connecting urban households with on-demand domestic help, is reportedly in discussions to raise a new round of funding. This potential investment comes shortly after the company secured $30 million in Series C funding in October, bringing its total funding to $56 million. Investors are reportedly optimistic about the rapid growth expected in this new consumer category.

The company, founded in 2024, offers services like dishwashing, laundry, and cleaning, typically within 10 minutes, and allows for scheduled bookings. Snabbit reported monthly gross revenue of ₹8 crore in October and plans to expand into areas such as home cooking, childcare, and elder care.

This development occurs within a booming Indian home services market, valued at an estimated $60 billion for FY25 and projected to grow to $100 billion by FY30, driven by urbanization and busy lifestyles. Snabbit joins other funded companies in the sector like Urban Company and Pronto.