1. Indian startup Snabbit has secured $30 million in new funding, increasing its valuation to $180 million, due to the growing demand for instant home services like cleaning, dishwashing, laundry, and kitchen prep.
2. Founded in 2024, Snabbit serves over 40 micro markets across five major cities and plans to expand into more cities soon. It has served over 300,000 customers and aims to reach another 100,000 within the next month.
3. The startup operates with a 100% women-led workforce of 5,000 experts and promises services within 10 minutes through a hyperlocal network. The services are priced at around $2 per hour, while workers earn between $284-$340 a month.