Home services startup Snabbit raises $56 million

Bengaluru: Snabbit, a quick home services platform, has raised $56 million in a Series D round, as it looks to consolidate its position in India’s fast-growing on-demand home services market. The round was co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments and Bertelsmann India Investments, with participation from Nexus Venture Partners, Lightspeed and FJ Labs.The funding values the startup, which competes against the likes of Pronto, Urban Company and Broomees, at about $390 million, sources in the know told TOI. Founder and CEO Aayush Agarwal declined to comment on the valuation.The fundraise comes just six months after its previous round and takes total capital raised to $112 million. The company said the latest infusion will be used to strengthen unit economics, deepen its operating infrastructure and expand into new cities while maintaining a hyperlocal execution strategy.Snabbit currently processes over 40,000 jobs daily across five cities and crossed one million monthly jobs in March 2026, driven by repeat demand and dense micromarket operations. It operates through a network of over 15,000 service professionals and focuses on high-frequency household services such as cleaning and cooking.The company is targeting a largely unorganised home services market estimated at over $60 billion, where digital penetration remains low but is expected to grow with rising urban demand for convenience-led services.