Snabbit Raises $19 Million in Series B Funding Led by Lightspeed to Transform India’s Home Services Landscape
- ByStartupStory | May 29, 2025
Snabbit, India’s largest quick-service platform for home services, has announced the successful closure of its $19 million Series B funding round. The round was led by Lightspeed, with continued participation from existing investors Elevation Capital and Nexus Venture Partners. The raise comes just four months after Snabbit’s Series A, underlining investor confidence in its vision and market potential.
Founded in 2024 by Aayush Agarwal, Snabbit is pioneering a digital revolution in India’s regular home services sector—one of the country’s largest yet most underserved categories. Leveraging a hyperlocal model, Snabbit connects urban households with trained, verified professionals (“Experts”) who can deliver high-frequency home services in under 10 minutes. The company is reimagining how routine tasks—from cleaning and repairs to beauty and appliance care—are accessed by millions of Indian families.
“At Snabbit, we’re leading the biggest disruption in Indian consumer internet today, fundamentally changing how households access regular services,” said Aayush Agarwal, Founder & CEO of Snabbit. “While ride-hailing transformed mobility and e-commerce reshaped fashion, regular home services remained largely undigitized. With Snabbit, we’re solving for trust, quality and speed, all at the tap of a button. The need is universal, the category is massive, and we’re just getting started.”
Snabbit’s mission extends beyond customer convenience to delivering economic and social impact for its workforce, especially women who were formerly part of India’s informal labor sector.
“What makes this journey truly meaningful is the transformation in their lives,” Agarwal added. “They now have Aadhaar-linked bank accounts, personal and family insurance, and steady monthly incomes. Once invisible and underpaid, they’re now trained, trusted, and celebrated professionals. For customers, Snabbit is about quality and speed—for our Experts, it’s about dignity, stability, and real upward mobility.”
The Series B funding marks a major milestone in Snabbit’s growth trajectory and affirms the startup’s potential to define a new category in India’s consumer internet ecosystem.
Investor Endorsements:
Rahul Taneja, Partner at Lightspeed, expressed confidence in Snabbit’s ability to revolutionize the sector:
“Snabbit is transforming home services in India by bringing speed, structure, and trust to a sector that has largely operated informally until now. Aayush and the team are building a platform for urban households; a completely new category that will cater to the needs of millions. We are excited to join them on this journey and support their mission to transform and scale what was once considered a luxury into a day-to-day necessity.”
Suvir Sujan, Co-Founder and Managing Director at Nexus Venture Partners, emphasized Snabbit’s execution and innovation:
“Snabbit continues to execute with clarity and purpose in a space that’s long overdue for change. They’ve taken a complex, hyperlocal problem and built a scalable, full-stack solution that delivers value to both consumers and professionals.”
Manish Advani, Principal at Elevation Capital, pointed to the company’s differentiated model and early traction:
“Snabbit’s hyperlocal model is cracking the code in one of India’s most complex and underserved categories. Their rapid growth underscores both the scale of unmet demand and their ability to convert a trust-deficit sector into a seamless, on-demand experience. We have deep conviction in Aayush and the team as they build the backbone infrastructure that will make quality home services routine, reliable and extremely convenient.”
What’s Next for Snabbit
With the fresh capital infusion, Snabbit plans to expand across major metro cities and launch in over 200 micro-markets within the next nine months. The company aims to build India’s first true operating system for quick home services—powered by cutting-edge technology, verified professionals, and a promise of speed and quality.
About Snabbit
Founded in 2024 by Aayush Agarwal, Snabbit is India’s first Quick-Service App delivering on-demand home services within minutes. Operating through a hyperlocal network in dense residential clusters, Snabbit provides trusted and trained experts for a range of household tasks. The startup takes a full-stack approach—from sourcing and training to managing Experts—offering an innovative time-based pricing model that ensures transparency and efficiency. Backed by marquee investors including Lightspeed, Nexus Venture Partners, and Elevation Capital, Snabbit is redefining daily life for Indian households while creating dignified, well-paying jobs for thousands.
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