About Snabbit
Snabbit is a company based in Mumbai (India) founded in 2024 by Aayush Agarwal. Snabbit has raised $55.46 million across 5 funding rounds from investors including Lightspeed Venture Partners, Nexus Venture Partners and Bertelsmann India Investments. Snabbit operates in a competitive market with competitors including OKHOME, The Minte, Batmaid, Airo and Hogaru.com, among others.
- Headquarter Mumbai, India
- Founders Aayush Agarwal
- Stage Minicorn
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Maestroedge Solutions Private Limited
- Date of Incorporation 17 Jan, 2024
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.24 K (USD)0as on Mar 31, 2024
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Net Profit
-$22.26 K (USD)0as on Mar 31, 2024
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EBITDA
-$21.97 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$55.46 M (USD)
in 5 rounds
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Latest Funding Round
Not available
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Investors
Lightspeed Venture Partners
& 12 more
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Employee Count
Not available
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Funding Insights of Snabbit
Snabbit has successfully raised a total of $55.46M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Snabbit
Snabbit has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Lightspeed Venture Partners, Nexus Venture Partners and Bertelsmann India Investments.
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Elevation Capital is focused on early-stage tech investments in India.
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Investor details for Snabbit
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Investments & Acquisitions by Snabbit
Investment portfolio details for Snabbit
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Financial Statements - Snabbit
Detailed financials for Snabbit
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Snabbit Comparisons
Peer comparison for Snabbit
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Competitors of Snabbit
Snabbit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OKHOME, The Minte, Batmaid, Airo and Hogaru.com, among others.
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House cleaning services are booked via a mobile platform.
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Housekeeping and cleaning services for residential properties are offered.
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On-demand home cleaning services are facilitated via an online marketplace.
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On-demand home services are facilitated via a digital platform.
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On-demand cleaning services are provided for homes and small businesses.
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Detailed competitors of Snabbit
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Latest news on Snabbit
Complete news archive for Snabbit
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Frequently Asked Questions about Snabbit
Snabbit was founded in 2024.
Snabbit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Aayush Agarwal is the current CEO of Snabbit. They have also founded this company.
Snabbit is a funded company, having raised a total of $55.46M across 5 funding rounds to date.
Annual revenue of Snabbit is $2.24K as on Mar 31, 2024.
Snabbit was founded in 2024 in Mumbai, India, as a platform in the on-demand home services sector. Trained professionals are linked with users for tasks including cleaning and laundry through a hyperlocal network in dense residential areas. Services are delivered with a focus on quick response times, typically within ten minutes, to address household needs efficiently. Operations are centered in urban clusters to facilitate convenient access.
Snabbit has 13 investors. Key investors include Lightspeed Venture Partners, Nexus Venture Partners, Bertelsmann India Investments, Elevation Capital, and Vidit Aatrey.
The valuation of Snabbit is $22.38M as of Jan 2025.