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Snabbit Nears $400M Valuation in New Funding Round
25 Apr
Summary
- Snabbit is close to raising $50-$55 million in new funding.
- The funding round is expected to value the startup at $400 million.
- The company connects households with on-demand domestic help.
Snabbit, a prominent Indian startup focused on instant house-help services, is reportedly in advanced talks to secure new funding. This upcoming investment round is expected to be led by Susquehanna Venture Capital and could bring in approximately $50 million to $55 million.
The company's valuation is anticipated to reach around $400 million following this funding, a notable increase from its previous $180 million valuation in October 2025. This new valuation reflects the startup's rapid growth and the increasing investor interest in the sector.
Founded in 2024, Snabbit provides a platform connecting households with domestic help for various chores, including cleaning and laundry, through a managed network of workers. The startup reported completing over one million jobs in March 2026 alone.
The burgeoning demand for such services is largely attributed to India's young, urban workforce, which has become accustomed to on-demand app-based services. This trend is driving significant investor interest, with competitors also finalizing funding rounds.
