Snabbit Raises $19 Million In Series B Round Led By Lightspeed

Quick service app Snabbit has raised $19 million in a Series B funding round led by venture capital firm Lightspeed. 

The round also saw participation from existing investors Elevation Capital and Nexus Venture Partners.

With the new funding, Snabbit aims to grow its presence in major Indian cities and expand into over 200 smaller markets in the next nine months. 

The company also aims to build India’s first all-in-one platform for fast home services, powered by technology, trusted service and skilled professionals.

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The new funding comes just four months after Snabbit raised $5.5 million in Series A funding round led by Elevation Capital, with support from Nexus Venture Partners and several angel investors.

"At Snabbit, we’re leading the biggest disruption in Indian consumer internet today, fundamentally changing how households access regular services,’ said Aayush Agarwal, founder and chief executive officer, Snabbit."

"While ride-hailing transformed mobility and e-commerce reshaped fashion, regular home services remained largely undigitised. With Snabbit, we’re solving for trust, quality and speed, all at the tap of a button. The need is universal, the category is massive, and we’re just getting started," he added.

Rahul Taneja, partner at Lightspeed, said Snabbit is transforming home services in India by bringing speed, structure and trust to a sector that has largely operated informally until now. ‘Aayush and the team are building a platform for urban households; a completely new category that will cater to the needs of millions,’ said Taneja.
 
Suvir Sujan, co-founder and managing director, Nexus Venture Partners, said " Snabbit continues to execute with clarity and purpose in a space that’s long overdue for change. They’ve taken a complex, hyperlocal problem and built a scalable, full-stack solution that delivers value to both consumers and professionals."

About Snabbit 

Founded in 2024 by Aayush Agarwal, Snabbit helps households book trained professionals for tasks like cleaning, dishwashing, and laundry. These workers are available on demand and usually arrive within 10 minutes. Services are charged by the hour.

Snabbit handles everything—from hiring and training to assigning workers—ensuring quality through its time-based pricing system.

Snabbit currently operates in areas like Powai, Thane, Marol, and Ghatkopar in Mumbai, and Bellandur and Sarjapura in Bengaluru. According to Agarwal, the platform has over 600 professionals, and this number is doubling every month.

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