{"id":19696,"date":"2026-04-28T11:57:05","date_gmt":"2026-04-28T11:57:05","guid":{"rendered":"https:\/\/jobuzo.com\/en\/indias-snabbit-closes-56m-round-as-investor-interest-in-on-demand-home-services-heats-up\/"},"modified":"2026-04-28T11:57:05","modified_gmt":"2026-04-28T11:57:05","slug":"indias-snabbit-closes-56m-round-as-investor-interest-in-on-demand-home-services-heats-up","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/indias-snabbit-closes-56m-round-as-investor-interest-in-on-demand-home-services-heats-up\/","title":{"rendered":"India\u2019s Snabbit closes $56M round as investor interest in on-demand home services heats up"},"content":{"rendered":"<div>\n<div><\/div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Snabbit, an Indian on-demand home services startup, has closed a $56 million funding round, confirming TechCrunch&rsquo;s earlier report.<\/p>\n<p class=\"wp-block-paragraph\">Co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments&rsquo; Unicorn Growth Fund, and Bertelsmann India Investments, the company&rsquo;s Series D round values the Bengaluru-based startup at around $350 million, according to a person familiar with the matter. That&rsquo;s up from $180 million about six months ago. Existing investors Nexus Venture Partners and Lightspeed also participated, alongside FJ Labs. The company has raised about $112 million in total.<\/p>\n<p class=\"wp-block-paragraph\">Founded in 2024, Snabbit said it is now processing over 40,000 jobs daily across a network of more than 15,000 workers in five cities, offering services such as cleaning, dishwashing, and laundry as demand for rapid, on-demand home services grows in urban India.<\/p>\n<p class=\"wp-block-paragraph\">The startup said the amount it loses on each order has fallen about 50%, while its customer acquisition costs have shrunk roughly 65%.<\/p>\n<p class=\"wp-block-paragraph\">Snabbit&rsquo;s fundraise comes as investor interest in India&rsquo;s on-demand home services sector heats up, with rival Pronto also in talks to raise fresh capital and publicly traded Urban Company reporting more than one million monthly bookings.<\/p>\n<\/div>\n<p><sub>India&rsquo;s Snabbit closes $56M round as investor interest in on-demand home services heats up<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Snabbit, an Indian on-demand home services startup, has closed a $56 million funding round, confirming TechCrunch&rsquo;s earlier report. Co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments&rsquo; Unicorn Growth Fund, and Bertelsmann India Investments, the company&rsquo;s Series D round values the Bengaluru-based startup at around $350 million, according to a person familiar with the matter&#8230;.<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/indias-snabbit-closes-56m-round-as-investor-interest-in-on-demand-home-services-heats-up\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;India\u2019s Snabbit closes $56M round as investor interest in on-demand home services heats up&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":19697,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/19696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=19696"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/19696\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/19697"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=19696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=19696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=19696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}