Indian home services startup Snabbit has raised US$19 million in a series B funding round led by Lightspeed, with contributions from Elevation Capital and Nexus Venture Partners.

The investment values the company at US$80 million and will help support its expansion across metro cities in India.

With this funding, Snabbit plans to expand to over 200 micro markets within the next nine months and increase its workforce.

Founded 15 months ago, Snabbit allows users to book services such as cleaning, dishwashing, laundry, and kitchen preparation through its app.

Snabbit charges customers between ₹169 and ₹499 (US$2-US$6) for services, which is higher than competitors such as Urban Company.

Founder and CEO Ayush Agarwal said that despite the competition, the startup reported a fivefold increase in the last four months.

🔗 Source: TechCrunch

🧠 Food for thought

1️⃣ India’s domestic work sector is following a familiar tech transformation pattern

The home services market in India has historically operated informally, creating uncertainty for both consumers and workers, a pattern now being disrupted through technology.

This US$100 billion market is following the same digitization trajectory we’ve seen in transportation (Uber/Ola) and food delivery, with technology organizing a previously fragmented sector1.

Investor confidence in this transformation is evident from Snabbit’s US$19 million series B funding at an US$80 million valuation despite being just 15 months old, echoing earlier enthusiasm for other service marketplaces2.

The digital approach tackles long-standing issues in domestic work: consumers faced unpredictability while workers dealt with inconsistent pay and job insecurity, challenges that 25% of urban Indian households encounter regularly3.

This shift represents a fundamental restructuring of how domestic work is arranged, with startups like Snabbit creating standardized pricing, worker training programs, and quality control systems in a sector that previously lacked formal structures.

2️⃣ Platform-based domestic work presents complex labor implications

The platformization of domestic work highlights the tension between improving earnings and ensuring worker protections in India’s growing gig economy.