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Snabbit Spent ₹16 To Earn Every Rupee In Operating Revenue In FY26

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Snabbit Spent ₹16 To Earn Every Rupee In Operating Revenue In FY26

Amid intense competition in the quick home services market, Snabbit incurred a net loss of ₹167.8 Cr in the financial year ended March 31, 2026 (FY26) as against a loss of ₹5.7 Cr in FY25. 

Important to note that FY26 was Snabbit’s first full financial year of operations following its service launch in August 2024. Thus, comparability of the two fiscals is limited.

Snabbit posted an operating revenue of ₹12.2 Cr in FY26 compared to ₹26.3 Lakh in FY25. Platform services generated ₹10.8 Cr in revenue, while uniform sales to service professionals contributed the remaining ₹1.4 Cr. The startup recognises platform service revenue net of discounts it bears.

Including other income of ₹14.8 Cr, the startup’s total income for the fiscal stood at ₹27 Cr. Interest on bank deposits contributed ₹14.1 Cr, with the remainder largely coming from gains on mutual fund sales.

Snabbit held ₹292.2 Cr in cash and bank balances and ₹26.6 Cr in mutual fund investments, totalling ₹318.9 Cr. This balance predates its $56 Mn Series D funding round in April.

Founded in 2024 by former Zepto executive Aayush Agarwal, Snabbit connects users with trained domestic help for cleaning, dishwashing, and other household chores, promising arrivals within 10-15 minutes.

The April funding round took the startup’s total funding to $112 Mn. It is backed by the likes of Susquehanna Venture Capital, Mirae Asset Venture Investments, Bertelsmann India Investments, Nexus Venture Partners, Lightspeed Ventures, among others.

Snabbit currently operates in five cities, including Delhi NCR, Mumbai, Bengaluru, Pune and Hyderabad.


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