Snabbit, a Quick-Service App providing on-demand home services, has raised $5.5 million in a Series A funding round, led by Elevation Capital, with participation from Nexus Venture Partners.
The round also saw participation from prominent angels including Vidit Aatrey and Sanjeev Barnwal, Gaurav Munjal and Niraj Singh.
This round follows an earlier $1 million seed investment by Nexus Venture Partners in early 2024.
“India is an incredible market with immense untapped potential for high-frequency home services. Over the past few months, we’ve been extremely focused on understanding customer pain points and building a model that is not only scalable but truly game-changing. The response so far has been highly encouraging—we’ve acquired thousands of customers within just a few kilometers of serviceable radius, driven primarily by strong word-of-mouth. This is just the beginning of what we see as a massive opportunity. We’re not merely building a business; we’re leading the creation of a new category poised for significant innovation and growth in the years to come,” said Aayush Agarwal, Founder & CEO of Snabbit.
Manish Advani, Vice President, Elevation Capital, said, “Snabbit’s platform which provides quick, on-demand and affordable home services through a hyperlocal network of professionals is a game-changer. Leveraging a unique model to deliver reliable and high-quality services swiftly, they stand out in the home services sector. We are excited to partner with them on this journey as they grow from select micro markets in Mumbai to pan-India, transforming everyday convenience.”
Suvir Sujan, Managing Director, Nexus Venture Partners, said, “Snabbit is disrupting the home services industry at the hyperlocal level. We have been impressed by the vision and execution of the team.”
Founded in 2024 by Aayush Agarwal, Snabbit is a quick-s app offering on-demand home services. With a hyperlocal network operating in dense residential clusters, Snabbit offers quality and speed, providing trusted and trained experts who arrive within minutes.
Snabbit connects households with trained experts for on-demand home tasks. Professionals can be booked by the hour and arrive within 15 minutes to handle tasks like cleaning, dishwashing, and laundry.
Snabbit takes a full-stack approach to sourcing, training, and managing experts.
