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.
Via Entrackr
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"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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