The Latest Breaking News from Snabbit

The Gurugram-based company, which went public in September 2025, is locked in a battle with Lightspeed-backed Snabbit and General Catalyst-backed Pronto in the high cash burn instant house help industry.

Snabbit and Urban Company's InstaHelp platforms each completed over one lakh jobs on Sunday. Intense competition in the segment drove household work prices down to twenty-nine rupees. Both companies offered aggressive promotional discounts, with Urban Company showing up to eighty-eight percent off. InstaHelp promises worker arrivals within fifteen minutes for…

Recent data-gathering pilots by on-demand service platforms Pronto and Snabbit have drawn a spotlight on India’s emerging physical AI ecosystem – and put safety regulators on edge. Sources told ET that the Ministry of Electronics and Information Technology (MeitY) has taken note of recent developments, especially Pronto’s in-home recording pilots.

Pronto's service professionals — who provide cleaning, washing, and meal preparation services — record their activities, generating videos that can help train physical AI systems. Following privacy concerns, the founders of rival platforms Urban Company and Snabbit clarified that they do not engage in such practices and have no plans…

Instant house help platform Snabbit has launched a salon-at-home offering, connecting customers with beauty professionals within minutes. Piloted successfully in Bengaluru, the service aims to provide convenience and speed, competing with established players like Urban Company. This expansion follows a recent $56 million funding round.

Sadev Ventures welcomes Ishan Kansal as cofounder and managing partner. Kansal will be based in Bengaluru, marking the firm's plan for a second Indian office. This appointment coincides with Sadev Ventures' growth phase, aiming for Rs 1,000 crore in funds under management.

As platforms raise prices and battle for workers, questions are emerging around the long-term size and profitability of the 10-minute househelp market. Companies are now expanding into adjacent categories such as cooking and car washing to deepen engagement and drive growth.

Home services platform Urban Company reported a 57-fold jump in net loss to Rs 161 crore in the March quarter of FY26, primarily due to increased spending on its InstaHelp segment. The company is prioritizing market share over short-term profitability in this competitive on-demand domestic help market.