Snabbit Raises $19M for Home Services

This is a Mumbai news story, published by TechCrunch, that relates primarily to Lightspeed news.

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Snabbit

TechCrunch

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Technology

Lightspeed backs Indian home services startup Snabbit as the next big consumer trend | TechCrunch

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83% Informative

Indian startup Snabbit has raised $19 million in a Series B round led by Lightspeed .

The startup allows customers to book high-frequency home services, including cleaning, dishwashing, laundry, and kitchen preparation, through its app.

The 15-month-old startup launched its quick-service platform in the western Indian city of Mumbai , the country’s financial capital.

Snabbit also provides personal life insurance, health insurance, and accidental insurance to all its workers.

Over the last four months , Agarwal stated the startup grew 5x and is currently growing around 20% week-over-week.

The startup has onboarded over 25,000 customers so far, and an average customer transacts on the platform three times a month.

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English

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