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Snabbit, the quick home services startup, is on a funding spree.
What’s brewing: the company has raised $56 million in a Series D round, taking its valuation to around $350-400 million. What’s interesting is the pace, Snabbit has closed multiple funding rounds in just about 15 months.
A quick rewind: it raised $5.5 million in January 2025, $19 million in May, and another $30 million in October, with backing from names like Lightspeed, Elevation Capital, Nexus, and Bertelsmann.
What’s driving this: India’s instant home services space is booming, with over 10 million monthly users now using apps for things like cleaning, repairs, and domestic help.
India’s home services market is also already huge, worth about $60 billion today. As cities expand and people get busier, the market is expected to reach around $100 billion by 2030.
That’s exactly why investors are rushing in.
Snabbit isn’t alone here. Competitors like Pronto have also been raising money at a fast clip, while Urban Company is doubling down on the space through InstaHelp, even as it continues to invest heavily.
Bottom line: the home services market is heating up fast, and startups are racing to grab a share before it really takes off.
Urbancompany RHP, Redseer Research, HDFC TRU
