Snabbit, an Indian startup specializing in on-demand domestic services, is reportedly in the final stages of securing a new funding round that would value the company at approximately $400 million. This round is expected to be led by Susquehanna Venture Capital, with participation from Mirae Asset, FJ Labs, and existing investors such as Lightspeed Venture Partners and Bertelsmann India Investments. The funding amount is anticipated to be around $50 million, though strong investor interest could push this figure higher. ([techcrunch.com](https://techcrunch.com/2026/04/25/indias-snabbit-seeks-fresh-funding-at-a-400m-valuation-sources-say/?utm_source=openai))
This development marks a significant increase from Snabbit’s previous valuation of $180 million during its $30 million funding round in October 2025. Founded in 2024, the Bengaluru-based company offers quick access to domestic help services, including cleaning, dishwashing, laundry, and other household chores, through a managed network of workers. Prior to this upcoming round, Snabbit had raised a total of $55 million in funding. ([techcrunch.com](https://techcrunch.com/2026/04/25/indias-snabbit-seeks-fresh-funding-at-a-400m-valuation-sources-say/?utm_source=openai))
The surge in investor interest in instant house-help startups in India is evident, with competitors like Pronto also finalizing funding rounds at substantial valuations. Urban Company, a leading player in the home services sector, reported over one million bookings for its instant home services in March. This growing demand is largely driven by India’s young, urban workforce, which increasingly relies on on-demand services for various needs. ([techcrunch.com](https://techcrunch.com/2026/04/25/indias-snabbit-seeks-fresh-funding-at-a-400m-valuation-sources-say/?utm_source=openai))
In a recent LinkedIn post, Snabbit’s founder and CEO, Aayush Agarwal, announced that the company completed over one million jobs in March alone. Previously, in October, the company recorded over 10,000 daily jobs and more than 300,000 total orders. At that time, Snabbit employed approximately 5,000 professionals on its platform, all of whom were women. ([techcrunch.com](https://techcrunch.com/2026/04/25/indias-snabbit-seeks-fresh-funding-at-a-400m-valuation-sources-say/?utm_source=openai))
The anticipated funding round underscores the rapid growth and investor confidence in Snabbit’s business model, as well as the broader trend of formalizing and scaling domestic services in India.
