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Snabbit's expansion push comes at a cost as FY26 losses hit ₹168 crore

Snabbit's expansion push comes at a cost as FY26 losses hit ₹168 crore

·Excerpt
Snabbit's expansion push comes at a cost as FY26 losses hit ₹168 crore
Image: Snabbit raised $56 million in April, taking its total funding to more than $112 million across five rounds.

BENGALURU: Snabbit’s losses widened nearly 30-fold to ₹167.75 crore in fiscal year 2026 (FY26) as the instant home-help startup spent heavily on workers and marketing to build its business, highlighting the cost of scaling a service that must keep professionals close to customers to make each booking viable.Revenue from operations rose to ₹12.25 crore in the year ended 31 March 2026 from ₹26.35 lakh a year earlier, while expenses surged to ₹194.76 crore from ₹6.81 crore, according to financial statements…

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