{"id":3489598,"date":"2026-04-28T03:30:00","date_gmt":"2026-04-28T03:30:00","guid":{"rendered":"https:\/\/techingeek.com\/index.php\/2026\/04\/28\/indias-snabbit-secures-56m-in-funding-as-demand-from-investors-for-on-demand-home-services-intensifies\/"},"modified":"2026-04-28T03:30:00","modified_gmt":"2026-04-28T03:30:00","slug":"indias-snabbit-secures-56m-in-funding-as-demand-from-investors-for-on-demand-home-services-intensifies","status":"publish","type":"post","link":"https:\/\/techingeek.com\/index.php\/2026\/04\/28\/indias-snabbit-secures-56m-in-funding-as-demand-from-investors-for-on-demand-home-services-intensifies\/","title":{"rendered":"India\u2019s Snabbit secures $56M in funding as demand from investors for on-demand home services intensifies"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/techingeek.com\/wp-content\/uploads\/2026\/04\/indias-snabbit-secures-56m-in-funding-as-demand-from-investors-for-on-demand-home-services-intensifies.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Snabbit, a home services startup from India offering on-demand solutions, has successfully secured a funding round of $56 million, affirming an earlier report by TechCrunch.<\/p>\n<p class=\"wp-block-paragraph\">Led jointly by Susquehanna Venture Capital, Mirae Asset Venture Investments\u2019 Unicorn Growth Fund, and Bertelsmann India Investments, the Series D funding values the Bengaluru-headquartered startup at approximately $350 million, according to a source with knowledge of the situation. This marks an increase from its previous valuation of $180 million just six months prior. Current investors Nexus Venture Partners and Lightspeed also took part, alongside FJ Labs. The company has accumulated around $112 million in funding overall.<\/p>\n<p class=\"wp-block-paragraph\">Established in 2024, Snabbit reports that it now handles over 40,000 jobs per day through a workforce of more than 15,000 individuals in five cities, providing services like cleaning, dishwashing, and laundry as the demand for swift, on-demand home assistance surges in urban areas of India.<\/p>\n<p class=\"wp-block-paragraph\">The startup noted that its losses per order have decreased by nearly 50%, while customer acquisition expenses have lowered by about 65%.<\/p>\n<p class=\"wp-block-paragraph\">The fundraising by Snabbit arrives as there is a growing investor interest in India&#8217;s on-demand home services market, with competitor Pronto also seeking new funding and the publicly listed Urban Company announcing over one million bookings each month.<\/p>\n","protected":false},"excerpt":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/techingeek.com\/wp-content\/uploads\/2026\/04\/indias-snabbit-secures-56m-in-funding-as-demand-from-investors-for-on-demand-home-services-intensifies.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Snabbit, a home services startup from India offering on-demand solutions, has successfully secured a funding round of $56 million, affirming an earlier report by TechCrunch.<\/p>\n<p class=\"wp-block-paragraph\">Led jointly by Susquehanna Venture Capital, Mirae Asset Venture Investments\u2019 Unicorn Growth Fund, and Bertelsmann India Investments, the Series D funding values the Bengaluru-headquartered startup at approximately $350 million, according to a source with knowledge of the situation. This marks an increase from its previous valuation of $180 million just six months prior. Current investors Nexus Venture Partners and Lightspeed also took part, alongside FJ Labs. The company has accumulated around $112 million in funding overall.<\/p>\n<p class=\"wp-block-paragraph\">Established in 2024, Snabbit reports that it now handles over 40,000 jobs per day through a workforce of more than 15,000 individuals in five cities, providing services like cleaning, dishwashing, and laundry as the demand for swift, on-demand home assistance surges in urban areas of India.<\/p>\n<p class=\"wp-block-paragraph\">The startup noted that its losses per order have decreased by nearly 50%, while customer acquisition expenses have lowered by about 65%.<\/p>\n<p class=\"wp-block-paragraph\">The fundraising by Snabbit arrives as there is a growing investor interest in India&#8217;s on-demand home services market, with competitor Pronto also seeking new funding and the publicly listed Urban Company announcing over one million bookings each month.<\/p>\n","protected":false},"author":2,"featured_media":3489599,"comment_status":"open","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3489598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/techingeek.com\/index.php\/wp-json\/wp\/v2\/posts\/3489598"}],"collection":[{"href":"https:\/\/techingeek.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techingeek.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techingeek.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/techingeek.com\/index.php\/wp-json\/wp\/v2\/comments?post=3489598"}],"version-history":[{"count":0,"href":"https:\/\/techingeek.com\/index.php\/wp-json\/wp\/v2\/posts\/3489598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techingeek.com\/index.php\/wp-json\/wp\/v2\/media\/3489599"}],"wp:attachment":[{"href":"https:\/\/techingeek.com\/index.php\/wp-json\/wp\/v2\/media?parent=3489598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techingeek.com\/index.php\/wp-json\/wp\/v2\/categories?post=3489598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techingeek.com\/index.php\/wp-json\/wp\/v2\/tags?post=3489598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}