In Brief Posted: 8:30 PM PDT · April 27, 2026 Image Credits:Snabbit Snabbit, an Indian on-demand home services startup, has closed a $56 million funding round, confirming TechCrunch’s earlier report. Co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments’ Unicorn Growth Fund, and Bertelsmann India Investments, the company’s Series D round values the Bengaluru-based startup at around $350 million, according to a person familiar with the matter. That’s up from <head>80 million about six months ago. Existing investors Nexus Venture Partners and Lightspeed also participated, alongside FJ Labs. The company has raised about <head>12 million in total. Founded in 2024, Snabbit said it is now processing over 40,000 jobs daily across a network of more than 15,000 workers in five cities, offering services such as cleaning, dishwashing, and laundry as demand for rapid, on-demand home services grows in urban India. The startup said the amount it loses on each order has fallen about 50%, while its customer-acquisition costs have shrunk roughly 65%. Snabbit’s fundraise comes as investor interest in India’s on-demand home services sector heats up, with rival Pronto also in talks to raise fresh capital and publicly traded Urban Company reporting more than 1 million monthly bookings. Topics Subscribe for the industry’s biggest tech news Latest in Commerce
