Snabbit crosses 115,000 daily jobs, cuts burn per job

Snabbit says it crossed 115,000 fulfilled jobs in a single day and that burn per job fell below Rs 250 during Q1 FY27, a reduction of more than Rs 100 quarter on quarter. Consolidated net order value crossed Rs 130 after customer discounts.

The company completed roughly 4 million jobs in its core househelp category during the quarter, having scaled from about 400 daily jobs under two years ago. It operates in 10 cities including Mumbai, Delhi, Thane, Navi Mumbai, Gurgaon, Ghaziabad, Noida, Faridabad, Pune and Hyderabad, across more than 150 micromarkets, with over 25,000 service providers on the platform.

Chief executive Aayush Agarwal said mature micromarkets now complete over 2,500 jobs a day, with several individual residential communities generating more than 500, and that he expects consolidated net order value to improve 15 to 20 percent in coming months. Snabbit has raised 112 million dollars in total, including a 56 million dollar Series D.

The competitive framing matters. Snabbit completed roughly 1.85 million orders in July against about 1.9 million for Urban Company’s InstaHelp, which makes this a genuinely contested category rather than a challenger story.

The metric to watch is the one the company chose to disclose. Burn per job, reported at micromarket density, is the unit economics language quick commerce settled on two years ago. Home services is now running the same playbook: win density in a small area first, then let the fixed cost spread.