Snabbit, India’s First Quick-Service App, raises $5.5 Million from Elevation Capital and Nexus Venture Partners
Summary
By adopting a full-stack approach to sourcing, training, and managing its experts, Snabbit ensures stable income and essential benefits like health and accident insurance for its supply cohort, thus empowering a workforce that has long been fragmented and unorganized. By adopting a full-stack approach to sourcing, training, and managing its experts, Snabbit ensures stable income and essential benefits like health and accident insurance for its supply cohort, thus empowering a workforce that has long been fragmented and unorganized. Combined with an innovative time-based pricing model, Snabbit simplifies daily life for urban families while creating respectable, well-paying opportunities for a workforce that has long been fragmented and unorganized.Snabbit, a Quick-Service App providing on-demand home services, has raised $5.5 million in a Series A round of funding, led by Elevation Capital, with participation from Nexus Venture Partners. This round follows an earlier $1 million seed investment by Nexus Venture Partners in early 2024.Snabbit is on a mission to simplify urban living by connecting households with trusted and trained experts for everyday home tasks, available on-demand. Snabbit provides a quick, reliable, and high-quality solution to a common challenge faced by countless Indian households.Snabbit was Founded in 2024 by Aayush Agarwal who previously served as Chief of Staff at Zepto, driving their fundraising efforts and leading strategic projects at the Quick-Commerce startup.