Mumbai-based quick-service startup Snabbit has raised $5.5 million (approximately INR 47.6 crore) in a Series A funding round, with Elevation Capital leading the investment.
The funding round also witnessed contributions from existing backer Nexus Venture Partners, alongside several angel investors, including Meesho co-founders Vidit Aatrey and Sanjeev Barnwal, Unacademy co-founder Gaurav Munjal, and Spinny founder Niraj Singh.
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Aayush Agarwal, founder and CEO of Snabbit, shared with Inc42 that the newly raised funds will be utilized to launch additional micro markets in Mumbai within the next six to nine months and to grow its customer base.
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Currently, Snabbit’s app has over 10,000 downloads on the Google Play Store. According to Agarwal, customers can make reservations for services up to three days in advance or at the last minute, with ten minutes’ notice in the locations where it is now offered.
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About Snabbit
Founded in 2024, Snabbit is India’s pioneering Quick-Service App, offering on-demand home services with unmatched speed and reliability. Leveraging a hyperlocal network in dense residential areas, Snabbit ensures quality by delivering trusted and trained professionals within minutes. Supported by Nexus Venture Partners, the platform employs a full-stack model to source, train, and manage experts, redefining convenience for urban households.