India’s appetite for instant convenience – once limited to food and grocery delivery – is expanding to home assistance. that change has helped snabitan on-demand home-help startup, secured $30 million in new funding and boosted its valuation to $180 million, up from $80 million five months ago.
The all-equity Series C round – Snabit’s third fundraise in nine months – was led by Bertelsmann India Investments, with participation from existing backers Lightspeed, Elevation Capital and Nexus Venture Partners. The latest investment brings the startup’s total funding to $55 million.
Snabit’s latest funding comes after a sharp increase in activity, with the Bengaluru-based startup growing from around 1,000 jobs per day in May to over 10,000 daily bookings. Founder and CEO Ayush Agarwal said in an interview with TechCrunch that the company crossed 300,000 total orders in October.
Founded in 2024, Snabit offers a range of on-demand home services including cleaning, utensil washing, laundry and kitchen preparation to urban families through a 100% women-led fleet of 5,000 experts. The startup operates through a hyperlocal network of trained workers deployed around dense residential clusters, promising service within 10 minutes.
Currently, Snabit serves 40 micro markets across five major cities, namely Mumbai, Bengaluru, Gurugram, Noida and Pune. Agarwal told TechCrunch that it plans to expand its presence in these cities and enter Hyderabad, Chennai, Delhi, and Calcutta very soon.
Snabit has grown from 25,000 in May to serving more than 300,000 customers, and expects to add another 100,000 early next month. Most of its users are aged between 30 and 40, including bachelors and working professionals.
Snabit has some customers who do not want full-time home help but prefer ad-hoc solutions. “We’re basically taking the inefficiencies in the model and removing them, rather than just saying, ‘Hey, this was happening offline, and now we’ll do it online’,” Agarwal said.
The startup reports a 30-35% retention rate and plans to reach annual recurring revenue of $11 million this month. Additionally, its customer acquisition cost is “significantly lower” at ₹500 (about $6), Aggarwal told TechCrunch.
Snabit’s services cost around ₹150 (about $2) per hour, with the average ticket size being around ₹240 (about $3).
Employees working on the platform earn between ₹25,000-₹30,000 (about $284-$340) per month, depending on their working hours. The startup has reduced the average walking distance for its employees between two jobs from 300 meters to 250 meters, giving them more time to serve customers.
Snabit is not alone in the race to provide instant, on-demand home services in India. Urban Company started this trend and startups later followed it brummies And soon. Urban Company is now planning Double the instant home services To stay ahead of the growing competition, however, Snabit says he doesn’t see it as a challenge.
“In hyper-local business, you don’t win pan India, you don’t win cities, you win micro markets. And today, out of the micro markets where both of us (Snabit and Urban Company) are present, Snabit is leading in more micro markets because we have adopted a very positive strategy to build depth rather than expansion,” Agarwal said.
The new funding will help Snabit strengthen its presence and expand into high-frequency categories such as cooking, child care and elder care.
