Indian home service startup Snabbit said to raise about $50m
- ByStartupStory | March 17, 2026
Snabbit is in talks to raise US$50–60 million in a funding round led by South Korea’s Mirae Asset Venture Investments and existing backer Bertelsmann India Investments (BII), people familiar with the matter said.
US-based Susquehanna International Group – described by one person as a new investor – and existing investor Lightspeed are also expected to join the round, the sources said.
The Bengaluru startup was founded by Aayush Agarwal and connects households with trained professionals for cleaning, dishwashing and laundry on an hourly basis.
Per calculations by The Economic Times, the deal could give Snabbit a post-money valuation of about US$350–400 million.
That would be up from an estimated valuation of about US$180 million in October 2025 when it raised US$30 million from BII, Elevation Capital, and others.
Snabbit has raised more than US$55 million within 18 months of its launch amid rising venture interest in the home help segment.
Rival Pronto last raised US$25 million in a round led by Epiq Capital that valued the company at about US$100 million.
🔗 Source: The Economic Times
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