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
Rival Pronto had its own fundraise last month while Urban Company went public last year.
Snabbit's latest round valued the Bengaluru-based startup at $350 million, almost double its $180 million valuation just six months ago. It also saw existing backers Nexus Venture Partners and Lightspeed, as well as US-based FJ Labs Inc, a new investor, participate.
Unicorn Growth Fund, which joined the ranks of Snabbit’s investors, is a newly launched Rs 6,000-crore investment vehicle backed by South Korean companies Krafton, Naver Corp and Mirae Asset Venture.
Snabbit’s latest round comes six months after its $31.7 million raise in October 2025. Till date, it has raised $112 million.
