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Snabbit, a quick service app for hyperlocal on-demand home services, has raised $5.5 million in Series A funding round led by Elevation Capital.
Existing investor Nexus Venture Partners, along with a host of angel investors, including Meesho cofounders Vidit Aatrey and Sanjeev Barnwal; Unacademy cofounder Gaurav Munjal and Spinny’s founder Niraj Singh also participated in this round.
The company will use the new funds to attract customers, expand into more areas in Mumbai and hire talent to improve its operations and technology.
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Aayush Agarwal, founder and chief executive of Snabbit, said, “Indian customers are now ready to pay for convenience and the next wave of commerce is going to be not based on assortment or pricing, but convenience."
“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,” said Manish Advani, vice president, Elevation Capital.
The company now has over 100 professionals on its platform and is growing this workforce by double digits each month, Agarwal said.
He also said that the company plans to expand into areas like cooking, childcare and elderly care.
About Snabbit
Snabbit, founded in 2024 by Aayush Agarwal, a former chief of staff at Zepto, is already active in parts of Mumbai. Snabbit is a quick service platform that provides on-demand domestic services like cleaning, security, and laundry.
It doesn’t use a subscription model but focuses on meeting occasional, one-time needs.
The app has over 10,000 downloads on Google Play Store so far.
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