India’s Snabbit seeks fresh funding at a $400M valuation, sources say

India’s Snabbit seeks fresh funding at a $400M valuation, sources say

Snabbit, an Indian immediate house-help startup, is near elevating fresh funding at a valuation of round $400 million in a round led by Susquehanna Venture Capital, TechCrunch has discovered.

The Bengaluru-based startup is in talks to lift round $50 million in the round, according to three people with data of the deal. One of the people added that the round could possibly be round $55 million or greater, as strong investor demand might immediate the company to lift more than initially deliberate.

The round is predicted to incorporate participation from Mirae Asset, FJ Labs, and present traders including Lightspeed Venture Partners and Bertelsmann India Investments, the people told TechCrunch. It would mark a important soar from the $180 million valuation at which Snabbit raised $30 million in October 2025. The deal could possibly be announced as early as next week.

Founded in 2024, Snabbit connects households with on-demand home assist for cleansing, dishwashing, laundry, and other chores, providing fast turnaround instances by way of a managed network of staff. Before this round, the startup had raised $55 million in whole funding.

The fundraise comes amid rising investor curiosity in immediate home assist startups in India. Rival Pronto is finalizing a funding round led by tech investor Lachy Groom at about a $200 million valuation. Urban Company, a top participant in this area, said its immediate house providers providing crossed a million bookings in March.

The rising demand is partly pushed by India’s younger, city workforce, which has grown accustomed to ordering providers such as groceries on demand by way of apps.

Snabbit founder and CEO Aayush Agarwal said in a current LinkedIn submit that the company had accomplished more than a million jobs in March alone. He had earlier told TechCrunch that it recorded over 10,000 daily jobs and more than 300,000 whole orders in October.

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The startup labored with about 5,000 professionals on its platform at the time, all of whom have been women, he added.

Snabbit and its traders didn’t reply to requests for remark.

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