With this latest funding, the Mumbai-based startup revealed that its valuation has doubled in six months to nearly $180 million, as reported in media outlets last October.
Returning investors Nexus Venture Partners and Lightspeed took part in the round, along with new backer FJ Labs Inc., a prominent global marketplace investor.
This latest funding, just six months after the previous round, brings Snabbit’s total capital raised to $112 million.
“Since leading the Series C round six months ago, Snabbit has demonstrated exceptional speed and discipline in its execution—growing quickly while reinforcing its business fundamentals. This combination is rare, and gives us at Bertelsmann strong confidence to invest further as the team develops a leading platform in the category,” stated Rohit Sood, Partner at Bertelsmann India Investments.
The app now records 1,500 orders daily in top micromarkets, with the cash burn per order decreasing by 50% over the last six months, according to the company.
Across the five cities in which it operates, Snabbit has scaled from under 400 to over 40,000 daily jobs within the last year. There is a noticeable increase in demand from affluent households in major cities such as Mumbai, Bengaluru, Hyderabad, the National Capital Region near Delhi, and Pune.
“We’re addressing one of the largest shifts in Indian consumer behavior, introducing a daily in-home service category to the marketplace for the first time, and creating scalable economic opportunities for tens of thousands of women in the process,” said Founder and CEO Aayush Agarwal.
Over 15,000 service professionals registered on the platform have completed 1 million jobs in March 2026 alone, with a significant portion of demand for home services like cleaning and cooking coming from established micro-markets such as Mumbai.
Emerging micro-markets are growing at three times the rate of earlier cohorts, according to Snabbit’s statement.
The newly raised capital will be utilized for expanding into new cities while enhancing density and leadership within existing markets. The startup also aims to diversify its service offerings and strengthen its balance sheet.
The business model thrives on increased order flow from local areas. Higher geographic density enables service providers to access more jobs daily.
This also enhances the company’s unit economics, requiring fewer hires and training efforts.
Read more: The old VC playbook is breaking as capital becomes easier to find
(Edited by : Sriram Iyer)
