India Snabbit is seeking new funding at a cost of $400M, sources say

Quicklyindia instant home helper, is close to raising $400 million in new funding from a group led by Susquehanna Venture Capital, TechCrunch has learned.

The Bengaluru-based startup is in talks to raise about $50 million in a round, according to three people familiar with the deal. One of the people added that the round could be around $55 million or more, as the strong demand from investors could make the company raise more than it originally planned.

The round is expected to include participation from Mirae Asset, FJ Labs, and existing investors including Lightspeed Venture Partners and Bertelsmann India Investments, people told TechCrunch. It would represent a great leap from The cost of $ 180 million while Snabbit raised $30 million in October 2025. The deal could be announced next week.

Founded in 2024, Snabbit connects families who need domestic help with cleaning, washing dishes, laundry, and other household tasks, providing quick turnaround times through a network of workers. Prior to that, the startup had raised $55 million in funding.

The funding comes amid growing business interest in start-up support in India. Rival Pronto completes funding round led by tech investor Lachy Groom for nearly a The cost of $ 200 million. Urban Company, the top player in the space, said its home services are live crossed the millions in March.

The boom is driven by India’s young, urban workers, who are accustomed to ordering services such as on-demand food through apps.

Snabbit founder and CEO Aayush Agarwal said in a recent LinkedIn post that the company has completed more than. million jobs in March only. He previously told TechCrunch that it posted more than 10,000 jobs every day and more than 300,000 orders in October.

The startup worked with about 5,000 professionals on its platform at the time, all of whom were women, he added.

Snabbit and its investors did not respond to requests for comment.