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The Economic Times
The Economic Times
Disha Acharya and Pranav Mukul

Instant house help startups see bookings top three million in April amid labour shortage

Instant house help startups Urban Company, Snabbit and Pronto together crossed 3 million monthly bookings in April skirting over disruptions due to labour shortage during just-concluded state elections, industry executives said. The three platforms clocked 3-3.1 million bookings in the month, up from around 2 million in February, according to data reviewed by ET.

The growth came as the two larger players — Urban Company and Snabbit — raised prices for their instant help services, pushing up post-discount average order values (AOVs). Pronto, which recently raised $20 million in funding doubling its valuation to $200 million, continued to trail on pricing and ticket size. Snabbit also closed a $56-million funding in April at a $350 million valuation.

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