Indian Home-Help App Snabbit Raises $12M in Series B to Expand Across Tier-2 Cities

Snabbit, a Mumbai-founded digital platform connecting households with vetted domestic workers, has closed a $12 million Series B funding round led by a Singapore-based venture capital firm. The capital will be used to expand operations into 20 new tier-2 cities across India, including Jaipur, Kochi, and Lucknow, where demand for on-demand cleaning and caregiving services is rising. The company currently operates in 15 major urban centers and has onboarded over 18,000 gig workers since its launch in 2021. India’s household services market is projected to reach $60 billion by 2026, driven by urbanization, dual-income households, and rising disposable incomes. Snabbit’s model allows users to book services via mobile app with real-time tracking and payment integration. The platform has achieved a 4.7-star average rating on its app and maintains a 92% worker retention rate through structured training and performance incentives. The new funding will also support the development of AI-driven matching algorithms to reduce scheduling delays and improve service quality. Snabbit has reported a 210% year-on-year growth in bookings and now serves over 450,000 active users. The company is aiming to achieve profitability by Q4 2027, with a target of 50,000 active workers by the end of 2025. This round adds to a broader trend of increased investor interest in India’s on-demand consumer services sector, though the impact on the broader market remains limited. The funding underscores confidence in India’s gig economy, but the outcome will depend on execution in less saturated regions and regulatory developments around gig worker rights.