India’s Snabbit closes $56M round as investor interest in on-demand home services heats up

Snabbit raised $56 million in a Series D led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments.

The company says it now completes more than 40,000 jobs a day across five cities, with improving unit economics.

Snabbit has also cut losses per order and customer-acquisition costs as demand for on-demand home services grows in India.

The round signals strong investor appetite for fast-scaling consumer services and a market that is maturing as startups sharpen operations.