Quick service app Snabbit raises $5.5 million from Elevation Capital, Nexus Venture Partners
on-demand home services, has raised $5.5 million in its Series A funding round.
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The round was led by Elevation Capital, with participation from existing investor Nexus Venture Partners and angel investors, including Vidit Aatrey and Sanjeev Barnwal (Meesho), Gaurav Munjal (Unacademy), and Niraj Singh (Spinny).
The company plans to allocate the new funds towards customer acquisition, expanding into new micro-markets across Mumbai in the coming months, and hiring talent to enhance its operational and technological capabilities.
ET first reported on January 15 that Snabbit was in the final stages of closing this funding round.
Founded in 2024 by Aayush Agarwal, a former chief of staff at quick commerce platform Zepto, Snabbit connects households with trained professionals for on-demand home tasks. These professionals, available by the hour, arrive within 15 minutes and are equipped to handle tasks such as general cleaning, dishwashing, and laundry.
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