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Snabbit matches Urban Company’s InstaHelp in NTV; burns Rs 32 Cr less in Q2 FY27

Quick home services startup Snabbit recorded a net transaction value (NTV) of Rs 72 crore in Q2 FY27, marginally ahead of Urban Company’s InstaHelp at Rs 71 crore.

Tarun Mottlia

Via Entrackr

·Excerpt
Snabbit matches Urban Company’s InstaHelp in NTV; burns Rs 32 Cr less in Q2 FY27
Image: Entrackr

"Quick home services startup Snabbit recorded a net transaction value (NTV) of Rs 72 crore in Q2 FY27, marginally ahead of Urban Company"s InstaHelp at Rs 71 crore. However, Snabbit reported a lower burn of Rs 142 crore against InstaHelp"s adjusted EBITDA loss of Rs 174 crore in the quarter, according to Snabbit co-founder Ayush Agarwal"s LinkedIn post. The numbers show that while both platforms generated nearly the same transaction value, Urban Company"s InstaHelp incurred Rs 32 crore more in…

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