Snabbit’s $56 Mn Series D backs leadership bid in India’s $60 Bn quick home services market

Snabbit, India’s fastest-growing quick home services platform, announced a $56 million Series D round co-led by Bertelsmann India Investments, which is doubling down on its investment in the company, along with Susquehanna Venture Capital and Mirae Asset Venture Investments’ Unicorn Growth Fund. Existing investors Nexus Venture Partners and Lightspeed also participated, alongside new investor FJ Labs Inc., a leading global marketplace investor. Coming just six months after its Series C, this fundraise brings Snabbit’s total capital raised to $112mn.

This marks a shift in Snabbit’s journey, from category creation to category dominance. Unlike earlier rounds focused on rapid expansion, this raise is anchored in improving unit economics, strengthening its operating backbone while continuing to expand its presence. Snabbit is already processing over 40,000 jobs daily across 5 cities* and 140 micro-markets, powered by a network of 15,000+ Experts (service professionals). The platform crossed 1 million monthly jobs in March 2026 alone, with mature micro-markets already capturing a leading share of organised demand in high-frequency home services.

“We see this fundraise as a mandate, not a milestone. We’re building for one of the largest behaviour shifts in Indian consumer life, bringing a daily, in-home service category onto a marketplace for the first time, and creating scalable economic opportunities for tens of thousands of women in the process. The journey to a million daily jobs runs through nanomarket-level execution and world-class demand–supply intelligence, and will be driven by high-calibre team raising the bar for depth and rigor.This capital lets us build India’s largest home services marketplace, with the ability to anchor a much larger consumer platform over time”, said Aayush Agarwal, Founder & CEO, Snabbit

The Model: Depth Drives Efficiency and Experience

Snabbit’s core insight is that winning hyperlocal density and earning trust block by block can kickstart a flywheel of superior customer experience and cost efficiency. The model prioritises micromarket depth over broad expansion, concentrating supply and demand to deliver stronger outcomes.This depth improves unit economics structurally. Higher order density drives better Expert (service professional) utilisation, faster fulfilment, lower acquisition costs, and stronger repeat behaviour. It also enables a more consistent and reliable customer experience, reinforcing trust and frequency.

Over the past year, Snabbit has scaled from fewer than 400 to over 40,000 daily jobs, a 100x increase driven by strong consumer demand. Newer micromarkets are scaling 3x faster than earlier cohorts, signalling increasing mainstream adoption and habit formation. Category expansion is reinforcing this momentum. In the home cooks category, piloted in a single Bengaluru micromarket, the platform has acquired 4,000+ customers and scaled to over 150 daily jobs within 3 months, validating demand in other high-frequency adjacent categories.

Customer behaviour reflects the impact of this depth. Top micromarkets now exceed 1,500 daily jobs, while burn per order has declined by 50% over the past six months.

Workforce and Safety as a Structural Advantage

Snabbit’s network of 15,000+ trained Experts, entirely women, is central to its model. In a category built on trust and repeat access to households, workforce quality, reliability, and safety are critical. The company has embedded worker safety into its operating design through Snabbit Kavach, which includes platform-led safeguards such as real-time tracking, emergency support, and accountability mechanisms that enable Experts

to work with confidence. This not only improves retention and service quality but also strengthens customer trust, making safety a core driver of long-term success. Beyond safety, the platform is enabling formal income opportunities, financial inclusion, professional training, and digital literacy, building one of India’s most consequential women-led job ecosystems in this category.

The Market: A $60 Billion Opportunity at Inflection

India’s home services market, already estimated at over $60 billion, remains highly fragmented and largely informal, with less than 5% penetration by organised digital platforms. The category is expected to grow steadily through 2030, approaching $100 billion in size, while its online and on-demand segments expand significantly faster, driven by rising disposable incomes, increasing willingness to pay for convenience, and a shift toward more reliable and accountable service experiences. Within this, instant home services are emerging as the fastest-growing layer, reshaping consumer behaviour in urban India. Snabbit is positioning itself as the default interface between households and their recurring service needs, capturing this shift through a hyperlocal, on-demand model it pioneered in 2024.

Capital Deployment: Building for Long-Term leadership

The $56 million will be deployed across three priorities:

• Expanding into new cities while deepening density and leadership in existing markets

• Scaling additional high-frequency service categories with proven product-market fit

• Strengthening the balance sheet to ensure long-term runway and disciplined capital allocation

Investor Perspective

Rohit Sood, Partner, Bertelsmann India Investments, said, ‘Since we led the Series C round 6 months ago, Snabbit has executed with remarkable speed and discipline – growing at an exceptional pace while strengthening the fundamentals of the business. This combination is rare, and gives us, at Bertelsmann, strong conviction to double down as the team builds a category-leading platform.’

As Snabbit continues to scale, its ambition is clear: to build the company that defines and leads India’s home services market, backed by strong fundamentals, deep market understanding, and long-term execution discipline.

Bhavanipratap Rana, Investment Advisor, Susquehanna VC said, “Home services is one of India’s largest and most underpenetrated consumer categories, but also one of the hardest to organize well. What stood out to us about Snabbit is the team’s ability to pair strong customer pull with disciplined execution, market by market. Their focus on operational resilience and improving unit economics as they scale gives us strong conviction in the opportunity. We are excited to partner with Aayush and the team as they build a trusted platform for on-demand home services in India.”

“Snabbit represents a generational opportunity to back a consumer platform tackling one of the most persistent, everyday challenges faced by Indian households. The depth of customer love, the pace of scale, and the frequency of usage are unlike anything we’ve seen in consumer tech at this stage. By creating meaningful value on both sides of the marketplace, we believe Snabbit is building a truly enduring business. We’re excited to partner with Aayush and the team as they continue to redefine convenience for millions of users,” added, Puneet Kumar, CEO, Mirae Asset Venture Investments, India

*Cities include Mumbai Metropolitan Region (Mumbai, Navi Mumbai, Thane), Delhi NCR (Delhi, Gurugram, Noida, Ghaziabad), Pune, Hyderabad, and Bengaluru.

Key Metrics at a Glance

• 40,000+ jobs processed daily across 5 cities

• 140 active micromarkets

• 15,000+ Experts (service professionals) on platform (100% women)

• 1 million monthly jobs milestone crossed (March 2026), growing steadily in April

• $112 million total capital raised to date

• <12 months to scale from 400 to 40,000 orders/day

• 3x faster scaling in newer micro-markets vs earliest cohorts