India’s Snabbit seeks fresh funding at a $400M valuation, sources say

2026-04-25 · Source: TechCrunch · Field: Business & Management — Entrepreneurship & Start-ups, Operations & Process Management · Depth: Fundamental Awareness, quick

Summary

Indian instant house-help startup Snabbit is reportedly close to raising \$50 million to \$55 million or more in fresh funding, led by Susquehanna Venture Capital, at a valuation of approximately \$400 million. This potential round, expected to include Mirae Asset, FJ Labs, and existing investors like Lightspeed Venture Partners, marks a substantial increase from its \$180 million valuation in October 2025. Founded in 2024, Snabbit connects households with on-demand domestic help and has already completed over one million jobs in March alone, working with about 5,000 women professionals. The fundraise reflects growing investor interest in India's instant house-help market, driven by a young, urban workforce accustomed to on-demand services, with rivals like Pronto and Urban Company also showing significant activity.

Key takeaway

Indian instant house-help startup Snabbit is reportedly raising \$50-55M at a \$400M valuation, a 122% increase from its October 2025 valuation. This growth is underpinned by completing over 1 million jobs in March with 5,000 women professionals. The round, led by Susquehanna Venture Capital, signals robust investor confidence and significant market expansion in India's on-demand domestic services sector.

Topics

• Snabbit
• Instant House-Help
• Venture Capital Funding
• Startup Valuation
• Indian Startup Market

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Editorial summary, takeaway, and curation by AIssential. Original article published by TechCrunch.