Synopsis
Backed by investors including Nexus Venture Partners, Elevation Capital and Lightspeed, the Bengaluru-based company started operations in August 2024, making FY26 its first full year of operations.
Instant househelp startup Snabbit -- which has raised $112 million in venture capital funding -- reported operating revenue of Rs 12.2 crore in fiscal 2026 and a net loss of Rs 168 crore, according to financial statements sourced from the Registrar of Companies (RoC).The numbers underscore the high cash burn in the rapidly growing 10-minute househelp segment, where Snabbit competes with listed Urban Company and General Catalyst-backed
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