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Snabbit<\/a>, an Indian instant house-help startup, is close to raising fresh funding at a valuation of around $400 million in a round led by Susquehanna Venture Capital, TechCrunch has learned.<\/p>\n The Bengaluru-based startup is in talks to raise around $50 million in the round, according to three people with knowledge of the deal. One of the people added that the round could be around $55 million or higher, as strong investor demand may prompt the company to raise more than initially planned.<\/p>\n The round is expected to include participation from Mirae Asset, FJ Labs, and existing investors including Lightspeed Venture Partners and Bertelsmann India Investments, the people told TechCrunch. It would mark a significant jump from the $180 million valuation<\/a> at which Snabbit raised $30 million in October 2025. The deal could be announced as early as next week.<\/p>\n Founded in 2024, Snabbit connects households with on-demand domestic help for cleaning, dishwashing, laundry, and other chores, offering quick turnaround times through a managed network of workers. Before this round, the startup had raised $55 million in total funding.<\/p>\n The fundraise comes amid growing investor interest in instant house help startups in India. Rival Pronto is finalizing a funding round led by tech investor Lachy Groom at about a $200 million valuation<\/a>. Urban Company, a top player in this space, said its instant home services offering crossed one million bookings<\/a> in March.<\/p>\n The rising demand is partly driven by India\u2019s young, urban workforce, which has grown accustomed to ordering services such as groceries on demand through apps.<\/p>\n Snabbit founder and CEO Aayush Agarwal said in a recent LinkedIn post that the company had completed more than one million jobs<\/a> in March alone. He had earlier told TechCrunch that it recorded over 10,000 daily jobs and more than 300,000 total orders in October.<\/p>\n Techcrunch event<\/p>\n \n\t\t\t\t\t\t\t\t\tSan Francisco, CA<\/span> The startup worked with about 5,000 professionals on its platform at the time, all of whom were women, he added.<\/p>\n Snabbit and its investors did not respond to requests for comment.<\/p>\n<\/div>\n When you purchase through links in our articles, we may earn a small commission<\/a>. This doesn\u2019t affect our editorial independence.<\/em><\/p>\n
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