Mumbai-based startup Snabbit, a fast-growing on-demand home services platform, has raised $19 million in a funding round led by Lightspeed, with participation from existing investors Elevation Capital and Nexus Venture Partners.
This fresh round comes just four months after Snabbit’s $5.5 million Series A, making it the second Indian startup in 2025 after Slikk to close two funding rounds in the same year. Notably, Lightspeed and Nexus are common investors in both, reflecting strong confidence in the hyperlocal services model.
Founded in 2024 by Aayush Agarwal, former Chief of Staff at Zepto, Snabbit connects urban households with trained professionals for everyday chores such as cleaning, dishwashing, and laundry. What sets it apart is its “within-15-minutes” arrival guarantee and hourly booking model, designed for urban speed and convenience.
Currently active in 10 micro-markets, Snabbit plans to expand to over 200 micro-markets within the next 9 months, supported by an aggressive hiring drive to scale operations.
According to Agarwal, the platform currently hosts over 600 service professionals, a number that is doubling month over month. He highlighted that workers earn significantly more through Snabbit compared to traditional offline roles, offering both higher income and work dignity.
While Urban Company remains the dominant player in India’s home services sector, emerging startups like Snabbit and Pronto (which recently raised $2 million from Bain Capital) are reinvigorating competition, driven by VC interest and tech-backed models.