Meet Aayush Agarwal: Snabbit boss explains why 'house help' firm suffered Rs.168 cr loss on Rs.12 cr revenue in FY26
New Delhi, Oct. 17 -- Snabbit's losses widened nearly 30-fold to Rs.167.75 crore in fiscal year 2026 (FY26) from Rs.5.70 crore in FY25, as the instant house-help startup ramped up spending on workers and marketing to expand its business.
Revenue from operations rose to Rs.12.25 crore in the year ended 31 March 2026 from Rs.26.35 lakh a year earlier, according to financial statements of Maestroedge Solutions Pvt. Ltd, which operates Snabbit.
Speaking on LinkedIn about the losses, the startup's founder and chief executive Aayush Agarwal said that building a business from "scratch" requires significant investment, even when spending far exceeds revenue.
He said the company "deliberately" invested in customer adoption, workforce training, ...
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