About Snabbit
Snabbit is a company based in Mumbai (India) founded in 2024 by Aayush Agarwal.. Snabbit has raised $55.46 million across 4 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 4 rounds
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Latest Funding Round
$30 M (USD), Series C
Oct 30, 2025
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Investors
Lightspeed Venture Partners
& 12 more
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Employee Count
Employee Count
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Funding Insights of Snabbit
Snabbit has successfully raised a total of $55.46M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in October 2025. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $30.0M
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First Round
First Round
(03 May 2024)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series C - Snabbit | Valuation | Bertelsmann India Investments | |
| May, 2025 | Amount | Series B - Snabbit | Valuation | Lightspeed Venture Partners | |
| Jan, 2025 | Amount | Series A - Snabbit | Valuation | Elevation Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Elevation Capital is focused on early-stage tech investments in India.
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Founded Year | Domain | Location | |
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Snabbit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Snabbit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Snabbit Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
House cleaning services are booked via a mobile platform.
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| domain | founded_year | HQ Location |
Housekeeping and cleaning services for residential properties are offered.
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| domain | founded_year | HQ Location |
On-demand home cleaning services are facilitated via an online marketplace.
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| domain | founded_year | HQ Location |
On-demand home services are facilitated via a digital platform.
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| domain | founded_year | HQ Location |
On-demand cleaning services are provided for homes and small businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Snabbit
Frequently Asked Questions about Snabbit
When was Snabbit founded?
Snabbit was founded in 2024.
Where is Snabbit located?
Snabbit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Snabbit?
Aayush Agarwal is the current CEO of Snabbit. They have also founded this company.
Is Snabbit a funded company?
Snabbit is a funded company, having raised a total of $55.46M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5.5M, raised on May 03, 2024.
What is the annual revenue of Snabbit?
Annual revenue of Snabbit is $2.24K as on Mar 31, 2024.
What does Snabbit do?
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.
Who are the top competitors of Snabbit?
Who are Snabbit's investors?
Snabbit has 13 investors. Key investors include Lightspeed Venture Partners, Nexus Venture Partners, Bertelsmann India Investments, Elevation Capital, and Vidit Aatrey.
What is Snabbit's valuation?
The valuation of Snabbit is $22.38M as of Jan 2025.
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