{"id":85496,"date":"2026-04-28T04:25:08","date_gmt":"2026-04-28T04:25:08","guid":{"rendered":"https:\/\/diyhaven858.wasmer.app\/index.php\/indias-snabbit-closes-56m-round-as-investor-interest-in-on-demand-home-services-heats-up\/"},"modified":"2026-04-28T04:25:08","modified_gmt":"2026-04-28T04:25:08","slug":"indias-snabbit-closes-56m-round-as-investor-interest-in-on-demand-home-services-heats-up","status":"publish","type":"post","link":"https:\/\/diyhaven858.wasmer.app\/index.php\/indias-snabbit-closes-56m-round-as-investor-interest-in-on-demand-home-services-heats-up\/","title":{"rendered":"India&#8217;s Snabbit closes $56M round as investor interest in on-demand home services heats up"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Snabbit, an Indian on-demand home services startup, has closed a $56 million funding round, confirming TechCrunch\u2019s earlier report.<\/p>\n<p class=\"wp-block-paragraph\">Co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments\u2019 Unicorn Growth Fund, and Bertelsmann India Investments, the company\u2019s Series D round values the Bengaluru-based startup at around $350 million, according to a person familiar with the matter. That\u2019s up from $180 million about six months ago. Existing investors Nexus Venture Partners and Lightspeed also participated, alongside FJ Labs. The company has raised about $112 million in total.<\/p>\n<p class=\"wp-block-paragraph\">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.<\/p>\n<p class=\"wp-block-paragraph\">The startup said the amount it loses on each order has fallen about 50%, while its customer acquisition costs have shrunk roughly 65%.<\/p>\n<p class=\"wp-block-paragraph\">Snabbit\u2019s fundraise comes as investor interest in India\u2019s 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 one million monthly bookings.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Snabbit, an Indian on-demand home services startup, has closed a $56 million funding round, confirming TechCrunch\u2019s earlier report. Co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments\u2019 Unicorn Growth Fund, and Bertelsmann India Investments, the company\u2019s Series D round values the Bengaluru-based startup at around $350 million, according to a person familiar with the matter. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":85497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_daextam_enable_autolinks":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[11],"tags":[],"class_list":["post-85496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/diyhaven858.wasmer.app\/wp-content\/uploads\/2026\/04\/1777350311_snabbit.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/85496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/comments?post=85496"}],"version-history":[{"count":0,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/85496\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media\/85497"}],"wp:attachment":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media?parent=85496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/categories?post=85496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/tags?post=85496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}