Snabbit’s Rapid Growth: Valuation Soars to $180 Million in Just Five Months
In a remarkable display of growth, Indian home services startup Snabbit has seen its valuation double to $180 million within a mere five months. This surge underscores the burgeoning demand for quick and reliable home services in India’s urban centers.
Founded in early 2024 by Aayush Agarwal, Snabbit was born out of a personal challenge. Agarwal’s struggle to find dependable domestic help in Mumbai highlighted a significant gap in the market. He observed that while services like ride-hailing and food delivery had streamlined urban living, the home services sector remained fragmented and inefficient. This realization led to the inception of Snabbit, aiming to provide swift and trustworthy home assistance.
Snabbit’s platform offers a range of services, including cleaning, dishwashing, laundry, and kitchen assistance. What sets it apart is its commitment to delivering these services within 10 minutes of booking. This rapid response is achieved through a comprehensive approach: sourcing, screening, training, and managing a dedicated workforce referred to as experts. To ensure prompt service, these experts are strategically located near high-demand areas.
The startup’s innovative model quickly attracted significant investment. In May 2025, Snabbit secured $19 million in a Series B funding round led by Lightspeed, with contributions from Elevation Capital and Nexus Venture Partners. This investment valued the company at $80 million. By October 2025, Snabbit’s valuation had soared to $180 million, reflecting its rapid expansion and the growing appetite for quick-service solutions in India.
Snabbit’s success is part of a larger trend in India’s quick-commerce sector. Companies like Zepto have also experienced significant growth, with Zepto raising $450 million at a $7 billion valuation in October 2025. Similarly, FirstClub, another player in the home services arena, tripled its valuation to $120 million within three months by adopting a premium approach.
Despite the competitive landscape, Snabbit’s focus on rapid service delivery and quality has set it apart. The company charges between ₹169 (approximately $2) and ₹499 (nearly $6) for services lasting up to 240 minutes. This pricing strategy, while higher than some competitors, has not hindered its growth. For instance, Urban Company’s Insta Help service starts at ₹49 (about 50 cents), yet Snabbit continues to expand its customer base.
A key component of Snabbit’s model is its workforce management. The company employs over 600 experts, each covering a median walking distance of 300 meters between jobs. To further enhance mobility, Snabbit has partnered with e-bike provider Yulu, enabling female workers to cover distances of up to 800 meters efficiently. This strategic placement ensures that services are delivered promptly, maintaining the company’s 10-minute service promise.
The financial incentives for Snabbit’s workers are also noteworthy. Those working 12-hour shifts can earn upwards of ₹40,000 ($470) per month, while those working four-hour shifts earn over ₹10,000 ($120) monthly. These earnings are significantly higher than the average pay for domestic helpers in urban India, which stands at around ₹9,000 ($100) per month.
Snabbit’s rapid ascent reflects a broader shift in consumer behavior in India. Urban dwellers increasingly seek convenience and efficiency in all aspects of life, from food delivery to home services. Startups that can meet these demands with speed and reliability are poised for success.
As Snabbit continues to expand, it faces the challenge of maintaining service quality while scaling operations. The company’s commitment to training and managing its workforce will be crucial in sustaining its growth trajectory. Additionally, navigating the competitive landscape, with players like Urban Company and Pronto entering the quick-service market, will require continuous innovation and customer-centric strategies.
In conclusion, Snabbit’s impressive valuation growth within a short period highlights the immense potential in India’s quick-service home assistance market. By addressing a critical need with efficiency and reliability, Snabbit has positioned itself as a leader in this evolving sector.
