"Snabbit is in talks to raise around $50 million in a funding round led by Susquehanna Venture Capital, with a valuation of approximately $400 million."
"The rising demand for instant house help services in India is driven by a young, urban workforce accustomed to ordering services through apps."
"Snabbit founder Aayush Agarwal reported that the company completed more than one million jobs in March and recorded over 10,000 daily jobs."
"The startup connects households with on-demand domestic help, offering services like cleaning and laundry through a managed network of workers."
Snabbit, an Indian startup providing on-demand domestic help, is close to raising approximately $50 million at a valuation of around $400 million. The funding round is led by Susquehanna Venture Capital and may exceed initial plans due to high investor interest. Participation is expected from Mirae Asset, FJ Labs, and existing investors. Founded in 2024, Snabbit connects households with domestic workers and has completed over one million jobs in March. The startup has raised a total of $55 million prior to this round.
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