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Home > Startups > Funding > Snabbit raises $19 million in Series B funding led by Lightspeed

Snabbit raises $19 million in Series B funding led by Lightspeed

Founded in 2024 by Aayush Agarwal, Snabbit offers trained experts for everyday home tasks, such as general cleaning, dishwashing, and laundry, available on demand.

Abhinav Kumar Singh
Last updated: May 31, 2025 10:02 PM
By Abhinav Kumar Singh
Snabbit raises $19 million in Series B funding led by Lightspeed
Snabbit raises $19 million in Series B funding led by Lightspeed
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Snabbit, a quick-service platform, has raised $19 million in its Series B funding round led by Lightspeed. The round also saw participation from existing investors Elevation Capital and Nexus Venture Partners.

This latest capital infusion brings the Mumbai-based company’s total funding to $24.5 million across two rounds since the beginning of the year. In January 2025, Snabbit last raised $5.5 million in a Series A funding round led by Elevation Capital and with participation from Nexus Venture Partners.

The fresh funds raised will be used to expand its operations from 10 to over 200 micro-markets in the next nine months. The company also plans to scale its workforce, investing heavily in team building and training, as it ramps up operations to meet rising demand.

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Founded in 2024 by Aayush Agarwal, Snabbit connects households with trained experts for on-demand home tasks. Snabbit offers trained experts for everyday home tasks, such as general cleaning, dishwashing, and laundry, available on demand.

Users can book trained professionals by the hour, who arrive within 10–15 minutes, enabled by Snabbit’s hyperlocal, tech-enabled infrastructure.

Aayush Agarwal, Founder and CEO, said, “At Snabbit, we’re leading the biggest disruption in Indian consumer internet today, fundamentally changing how households access regular services. 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.”

“What makes this journey truly meaningful is the transformation in their lives. 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,” he added.

Rahul Taneja, Partner at Lightspeed, said, “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.”

TAGGED:Elevation CapitalLightspeed Venture PartnersNexus Venture PartnersSnabbit

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