Snabbit’s FY26 loss rises to ₹167.75 crore as revenue grows

Snabbit’s loss widened to ₹167.75 crore in FY26 as the Indian home-help startup spent heavily to grow.

The loss was nearly 30 times its ₹5.70 crore loss in FY25.

Revenue rose to ₹12.25 crore, up from ₹26.35 lakh a year earlier, while expenses climbed to ₹194.76 crore.

Snabbit spent the most on professionals, followed by marketing, employee costs and fulfilling services.

The spending reflects the challenge of scaling instant home help: workers need to be close to customers so they can complete enough jobs at a viable cost.

In densely packed areas, professionals complete 8–10 jobs in about 9.5 hours a day, but longer travel between homes can raise the cost per booking.

Prices may need to rise above ₹200 an hour to make the model profitable, according to experts cited in the story.

Snabbit raised $56 million in April, bringing its total funding to more than $112 million; the company’s next spending rate is not specified.