Snabbit

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Overview

Snabbit is a quick-service app that provides on-demand home services, connecting users with trained professionals for various household tasks. The company, founded in 2024 by Aayush Agarwal, former Chief of Staff at Zepto, is headquartered in Mumbai, India. As of its latest funding round in January 2025, Snabbit has raised approximately $6.5 million, including a recent Series A round led by Elevation Capital and Nexus Venture Partners.

Recent Developments

  • January 21, 2025: Snabbit announced it had raised $5.5 million in a Series A funding round led by Elevation Capital and Nexus Venture Partners. Angel investors such as Vidit Aatrey, Sanjeev Barnwal, Gaurav Munjal, and Niraj Singh also participated. The funds are intended for expanding operations in Mumbai and strengthening its team.[^1][^2][^3]
  • Early 2024: The company secured $1 million in seed funding from Nexus Venture Partners. This early investment was crucial for Snabbit's initial growth phase, allowing it to establish a presence in select Mumbai neighborhoods.[^4]
  • Snabbit has grown its operations significantly since its inception, now boasting a network of over 100 trained professionals. The platform continues to expand its service offerings, focusing on high-frequency home tasks that can be addressed swiftly.[^5]
  • The company plans to introduce new service categories, including childcare and elderly care, to leverage its on-demand operational model.[^6]

Company Information

AttributeInformation
Founding Date2024
HeadquartersMumbai, India
FoundersAayush Agarwal
Revenue-
Profits-
Key InvestorsElevation Capital, Nexus Venture Partners
IndustryHome Services, Quick Commerce
Number of EmployeesApproximately 23 as of late 2024

Early History

Snabbit was established in 2024 by Aayush Agarwal after recognizing the potential in the quick commerce and home service sectors. Agarwal, leveraging his experience at Zepto, aimed to streamline everyday home tasks through technology and efficient service delivery. Starting with a small team and limited service areas in Mumbai, Snabbit utilized its initial funding to develop a robust application that connects users with home service professionals, promising service delivery within 15 minutes.[^7]

Company Profile and Achievements

Snabbit operates a unique business model that focuses on quick, on-demand home services through a hyperlocal network of trusted and trained professionals. The company's innovative "time-based pricing" model distinguishes it from traditional service providers by allowing users unlimited tasks during a booked time slot. This model simplifies cost structures and enhances service flexibility for users.[^8]

  • 2024: Snabbit launched its services in Mumbai, focusing initially on high-demand household tasks like cleaning and laundry. It quickly gained traction due to its reliable service and prompt delivery time.
  • 2025: With additional funding, Snabbit plans to scale its operations and expand service categories, including services like childcare and elderly care. The company also aims to strengthen its technological infrastructure and workforce capabilities to support broader service offerings.[^9][^10]

Current Operations and Market Position

Snabbit currently operates in select areas of Mumbai, utilizing a full-stack model for sourcing, training, and managing its professional network. The company has successfully tapped into the growing market for convenient service solutions in urban India, standing out amid competitors like Urban Company by offering faster service delivery and flexible pricing models.[^11] Snabbit’s full-stack approach provides a significant competitive advantage, enabling the company to ensure quality control and consistency in service delivery while also providing stable income for its workers.[^12]

Snabbit Company Owner

Aayush Agarwal, the founder and CEO of Snabbit, plays a crucial role in steering the strategic vision and operational execution of the company. His background with Zepto has provided valuable insights into the quick-commerce model, guiding Snabbit's approach to market entry and expansion.[^13]

Snabbit Company In India

As an Indian startup, Snabbit capitalizes on the vast, yet underserved domestic market for home services. It leverages India's growing urban population and increasing demand for quick, reliable service solutions.[^14]

Conclusion

Snabbit exemplifies a modern quick-service home solution that effectively integrates convenience, speed, and reliability. By focusing on hyperlocal quick commerce, Snabbit has established itself as a promising player in the home services industry. The company's strategic use of funding, along with its innovative service offerings, positions it for continued growth and expansion across India.[^15]

References

  1. Tracxn Snapshot on Snabbit
  2. The Hindu BusinessLine Report
  3. Snabbit Official Website
  4. VCCircle Coverage
  5. Economic Times Article
  6. YourStory Article
  7. Business Standard Report
  8. Internshala Snabbit Profile
  9. Crunchbase Profile on Snabbit
  10. LinkedIn Company Page
  11. Entrepreneur India Coverage
  12. Moneycontrol Report
  13. PitchBook Report on Snabbit
  14. IndianWeb2 Article
  15. Inc42 Overview