Snabbit, the Indian home help startup based in Bengaluru, is on the cusp of a $400 million valuation, with a potential fundraisefor around $55 million led by Susquehanna Venture Capital. The round could see strong investor demand driving up funding.

Existing backers like Mirae Asset and Lightspeed Venture Partners are set to join new investors FJ Labs, Bertelsmann India Investments, and perhaps even tech veteran Lachy Groom’s Pronto, which is also eyeing a valuation hike. This comes after Snabbit’s last round in October 2025 valued the company at just $180 million.

Founded in 2024, Snabbit connects households with on-demand domestic help for chores like cleaning and laundry. With over one million jobs completed in March alone, it’s clear that demand is sky high as India’s young urban workforce increasingly relies on tech-driven services. CEO Aayush Agarwal boasts of 10,000 daily orders and more than 300,000 total jobs.

The rise of such startups signals a shift towards instant gratification in domestic services, mirroring the broader trend of app-based on-demand solutions sweeping through urban India. As Snabbit continues to grow, it could redefine how we view household help in the technology age.