Snabbit Raises $56M Series D at $350M Valuation

Snabbit, a Bengaluru, India-based on-demand home services startup, has closed a $56 million Series D funding round, bringing its total funding to approximately $112 million.

Investors

The round was co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments Unicorn Growth Fund, and Bertelsmann India Investments. Additional participants included existing investors Nexus Venture Partners and Lightspeed, alongside FJ Labs.

Snabbit Use of Funds

While specific deployment plans were not detailed, the company indicated the funding follows significant improvements in operational efficiency, including a 50 percent reduction in losses per order and a 65 percent decrease in customer acquisition costs.

About Snabbit

FSnabbit is an on-demand home services platform that connects households with trained service professionals for cleaning, dishwashing, laundry, and other everyday domestic tasks. Founded in 2024 and headquartered in Bengaluru, the company leverages technology to provide fast, reliable, and convenient home services to urban consumers. Snabbit currently processes over 40,000 jobs daily through a network of more than 15,000 service providers.

Funding Details

Company Website: https://snabbit.com

Company: Snabbit
Raised: $56M
Round: Series D
Funding Date: April 27, 2026
Lead Investor: Susquehanna Venture Capital, Mirae Asset Venture Investments Unicorn Growth Fund, Bertelsmann India Investments
Additional Investors: Nexus Venture Partners, Lightspeed, FJ Labs
Software Category: On-demand Home Services
Source: https://techcrunch.com/2026/04/27/indias-snabbit-closes-56m-round-as-investor-interest-heats-up-in-on-demand-home-services/