Synopsis
Snabbit, an instant house help startup, has secured $56 million in a new funding round. This investment, led by Susquehanna Venture Capital and Mirae Asset Venture Investments, will fuel expansion into new markets and categories. The company focuses on on-demand home services and is piloting home cooks.Listen to this article in summarized format
Existing investors Nexus Venture Partners, and Lightspeed, and new investor FJ Labs Inc also participated in this round.
ET reported in March on the latest round taking place, valuing the company at a post-money valuation of around $350-400 million.
Snabbit’s latest round comes six months after its $31.7 million raise in October 2025. So far it has raised $112 million in total.
“With this capital, we are well-capitalised for the next few years. It allows us to focus on long-term company building, expand into new micro markets and cities, and explore new categories,” said Agarwal.
He added that the company's focus remains largely on on-demand home services, with about 5% of their focus dedicated to new categories such as home cooks. “After home services, we are piloting home cooks and will scale in Bengaluru over the next three months,” he said.
