India's Snabbit Raises $56M Series D at ~$390M Valuation for On-Demand Home Services

Snabbit, an Indian on-demand home services platform, raised $56 million in Series D funding co-led by Susquehanna Venture Capital, Mirae Asset, and Bertelsmann India Investments at a ~$390 million valuation — more than doubling from $180 million six months ago. The company processes 40,000+ jobs daily across 5 cities with 15,000+ service professionals and crossed 1 million monthly jobs in March 2026. Unit economics are improving: losses per order down ~50% and customer acquisition costs down ~65%. Snabbit targets India's $60 billion+ unorganized home services market. Total raised is $112 million across five rounds.