Archive · 2 Jun 2025
Snabbit Raises $19M in Series B Round, Eyes Rapid Expansion
Imagine needing help at home, like fixing something or cleaning.
Snabbit is like a quick service for home help, making it easy to book experts.
They just got a lot of money, $19 million, to grow quickly!
They want to be in many more places, over 200 different areas, in the next 9 months.
Snabbit's experts are trained and managed by them, unlike other services.
This helps them ensure quality and trust.
They started small, perfecting their service in one area before expanding.
Now they are growing very fast!
Snabbit is trying to change how people view domestic workers in India.
Snabbit, a home services platform, secured $19 million in a Series B funding round.
Lightspeed led the investment, with Elevation Capital and Nexus Venture Partners also participating.
The company plans to expand into over 200 micro-markets across India's top metros within nine months.
Snabbit's full-stack model involves handling workforce sourcing, training, and management.
The platform aims to redefine the perception and treatment of domestic help in India.
- Who
- Snabbit, a hyperlocal home services platform.
- What
- Snabbit raised $19 million in a Series B funding round.
- When
- The funding round occurred recently, following a $5.5 million Series A round four months prior.
- Where
- Snabbit plans to expand into over 200 micro-markets across India's top metros.
- Why
- To fuel expansion into new markets and capitalize on strong growth.
- Series B Funding
- $19 million
- Lead Investor
- Lightspeed
- Micro-markets planned
- Over 200
- Geographic Focus
- India
- Service Model
- Full-stack model
- Recent growth
- 5x growth in four months