Snabbit vs Urban Company Financials compared: Aayush Agarwal, Abhiraj Singh Bhal and battle over scale, losses, funding
New Delhi, Oct. 18 -- India's instant house-help market is scaling rapidly, with Snabbit and Urban Company stepping up their battle for customers through quick bookings, competitive pricing and expansion into new services. But while both platforms are reporting strong growth, the challenge of turning that demand into a profitable business remains significant.
Snabbit reported 64 lakh house-help jobs in Q2 FY27, up 61% quarter-on-quarter and 1,697% year-on-year, according to its key operating metrics shared by CEO Aayush Agarwal on LinkedIn. Its net transaction value (NTV) for the segment rose 40% sequentially to Rs.72 crore. The company also reported 64.5 lakh jobs and Rs.73 crore in NTV across its house-help, home-cook and home-salon se...
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