Quick-service Startup Snabbit Bags $5.5 Mn from Elevation Capital, Nexus Venture Partners

-This funding round follows a $1 million seed investment from Nexus Venture Partners in early 2024.

-Founded in 2024 by Aayush Agarwal, former chief of staff at Zepto, Snabbit provides trained experts for everyday home tasks.

-Snabbit plans to take a full-stack approach in offering its services, covering everything from sourcing and training to managing its experts.

Snabbit, an on-demand home services app, has secured $5.5 million in a Series A funding round led by Elevation Capital, with additional participation from Nexus Venture Partners. The round also attracted prominent angel investors, including Vidit Aatrey, Sanjeev Barnwal, Gaurav Munjal, and Niraj Singh.

Further, this funding round follows a $1 million seed investment from Nexus Venture Partners in early 2024.

Founded in 2024 by Aayush Agarwal, former chief of staff at Zepto, Snabbit provides trained experts for everyday home tasks such as cleaning, dishwashing, and laundry on-demand. 

Currently operating in select locations in Mumbai, the new funding will be used to expand to additional areas and strengthen the team.

“India is an incredible market with immense untapped potential for high-frequency home services,” said Aayush Agarwal, founder & CEO of Snabbit. 

“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,” he added.

The rapid-delivery segment has witnessed the emergence of players across various sectors, including food, medicines, clothing, and groceries.

Snabbit plans to take a full-stack approach in offering its services, covering everything from sourcing and training to managing its experts. The startup believes this strategy will provide it with a competitive advantage in the increasingly crowded quick-delivery market.

Commenting on the investment, Manish Advani, VP at Elevation Capital, said, "Snabbit's platform, offering quick, on-demand, and affordable home services through a hyperlocal network of professionals, is truly a game-changer. By leveraging a unique model to deliver reliable and high-quality services swiftly, they differentiate themselves in the home services sector. We are excited to partner with them on their journey as they expand from select micro-markets in Mumbai to a pan-India presence, revolutionizing everyday convenience."

Talking about the collaboration, Elevation Capital said in a post, “Snabbit is India's first Quick-Service App that transforms urban living by connecting households with trusted and trained professionals for on-demand home services.Need someone for cleaning, dishwashing, or laundry? Snabbit professionals can be booked by the hour and arrive within 15 minutes—redefining convenience with quality and speed.”