Mumbai, January 21, 2025: Snabbit, a Quick-Service App providing on-demand home services, has raised $5.5 million in a Series A round of funding, led by Elevation Capital, with participation from Nexus Venture Partners. The round also saw participation from prominent angels including Vidit Aatrey and Sanjeev Barnwal, Gaurav Munjal and Niraj Singh. This round follows an earlier $1 million seed investment by Nexus Venture Partners in early 2024.
Snabbit is on a mission to simplify urban living by connecting households with trusted and trained experts for everyday home tasks, available on-demand. These professionals can be booked by the hour and arrive within 15 minutes, equipped to handle multiple tasks such as general cleaning, dishwashing, and laundry. Snabbit provides a quick, reliable, and high-quality solution to a common challenge faced by countless Indian households.
Snabbit was Founded in 2024 by Aayush Agarwal who previously served as Chief of Staff at Zepto, driving their fundraising efforts and leading strategic projects at the Quick-Commerce startup. Already active across select locations in Mumbai, the funding will be used to expand to more locations and build a strong team.
"India is an incredible market with immense untapped potential for high-frequency home services," said Aayush Agarwal, Founder & CEO of Snabbit. "Over the past few months, we’ve been extremely focused on understanding customer pain points and building a model that is not only scalable but truly game-changing. The response so far has been highly encouraging—we’ve acquired thousands of customers within just a few kilometers of serviceable radius, driven primarily by strong word-of-mouth. This is just the beginning of what we see as a massive opportunity. We’re not merely building a business; we’re leading the creation of a new category poised for significant innovation and growth in the years to come," he added.
Talking about the investment, Manish Advani, Vice President, Elevation Capital, said, “Snabbit's platform which provides quick, on-demand and affordable home services through a hyperlocal network of professionals is a game-changer. Leveraging a unique model to deliver reliable and high-quality services swiftly, they stand out in the home services sector. We are excited to partner with them on this journey as they grow from select micro markets in Mumbai to pan-India, transforming everyday convenience.”
Suvir Sujan, Managing Director, Nexus Venture Partners, mentioned, “Snabbit is disrupting the home services industry at the hyperlocal level. We have been impressed by the vision and execution of the team.”
With a hyperlocal network operating in dense residential clusters, Snabbit has launched a unique business model that focuses on quality as well as speed. By adopting a full-stack approach to sourcing, training, and managing its experts, Snabbit ensures stable income and essential benefits like health and accident insurance for its supply cohort, thus empowering a workforce that has long been fragmented and unorganized. Snabbit’s dual focus on customer convenience and welfare for its experts creates a win-win ecosystem, redefining the on-demand home services industry.
