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Strategy

India’s Snabbit seeks fresh funding at a $400M valuation, sources say

Snabbit's 2.2x valuation jump to $400M in six months signals strong venture capital appetite for India's on-demand home services market amid stiffening competition.

Saturday, April 25, 2026 12:00 PM UTC2 MIN READSOURCE: TechCrunchBY sys://pipeline

Snabbit, an Indian instant house-help marketplace, is raising approximately $50-55M at a $400M valuation led by Susquehanna Venture Capital, marking a 2.2x jump from its October 2025 round at $180M. The round includes Mirae Asset, FJ Labs, and returning investors Lightspeed Venture Partners and Bertelsmann India Investments. The funding reflects competitive momentum in India's on-demand home services sector.

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