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Lightspeed backs Indian home services startup Snabbit as the next big consumer trend


Home services in India – Whether cleanliness, dishwasher or laundry – traditionally offline and unofficial escape. It often resulted in delays and uncertainties for consumers, as well as inappropriate and work insecurity for employees. Recently, they are in the beginnings Began to grow up for the transformation of this areaTechnology used to bring forecasting, size and structure to space.

FastititeFounded last year, this arena is one of the early moves, which allows customers to order high-frequency home services and kitchen training, including high-frequency home services and kitchen training. Starting, in a number of $ 19 million in a number of bills led by Lightspeed, with the participation of existing investors and the participation of Nexus Venture partners, with the participation of the cost of $ 80 million to expand its existence.

15-month ago, in West India, the country’s financial capital, founder and CEO Aayush Agarwal, the country has launched a fast service platform in Mumbai, the country. He added that Agarwal Techcrunch was so difficult that it was so difficult that his mother had to fly from the city of East India Kolkata to help him find a new home worker.

“The thing with me, you will get a taxi or a taxi, you will be able to buy a button, or you can get a food or grocery, but it’s hard to find someone for a simple service.”

The beginning was experienced early last year and remained in a micro market in Mumbai in the first 12 months before the expansion of seven markets in the city and Bengaluru in the city.

Snabbit, who called “experts”, received a “fully assembled approach” to wear and manage and manage training, training, education, education, and management. Snabbit is able to ensure that after the remarkable for the starting centers of the starting requirements of the company, they will fulfill its promise to serve in 10 minutes.

Snabbit is not alone in this race as this race City company (Accel is supported by steady investors, including Prososh and Tiger Global) Started a similar experience In its application earlier this year. At the same time, the company criticized the well-known message and then the name and name of Insta servants and the name of Insta. This did not help despite the fact that many, including Gig employee units.

Similarly, including newer applicants, including Broomees and ProntoRecently joined the arena. The latter, in recent seed finance, attracted capital institutions.

“We know the market is heated,” he said. “CATEGORATION Exciting and new players are income and financed. I think that all we do is great for us.”

The beginning charges customers (about $ 6) between ₹ 169 (about $ 2) and ₹ 499 (about $ 6) to obtain up to 240 minutes. The price, which started the price, ₹ 49 (50 kopecks) is higher than the company’s help. However, Agarwal said that the beginning continues to grow and scale after the beginning of the city’s company.

Agarwal is hoping to compete with a consistent customer experience using a source and selection pipeline, a source and selection pipeline, a source and screen pipeline.

Snabbit currently has more than 600 employees on the platform and each covers a median walking distance between the two jobs 300 meters. Also, together with the startup yulu, train and e-bikes provide e-vickets to women employees covering 800 meters between their work. Moreover, Agarwal TechCrunch said he would reduce medium distance for employees for startup staff.

The average ticket size of the Snabbit platform is between 250 and ₹ 270 (about $ 3), while the employees finish the 12-hour turn ₹ ₹ 40.000 ($ 470) “. After completing four hours on the platform for four hours a day, employees added that 10,000 dollars ($ 120 ($ 120), Agarwal, employees in the month.

Agarwal claims that employees can earn more than 9,000 ($ 100) of local assistants in the country in urban areas To the International Federation of Local Workers (PDF).

Better treatment for local workers

Snabbit also provides family insurance for personal life insurance, health insurance and random insurance and family insurance to all employees, as well as beginners with starting.

There was also abuse at work It is very common for local workers in IndiaAs a country mostly lack of protective laws. For such cases, starting, employee employees provide a sauce feature that can use the employees to call employees to call an area of ​​operations within five-seven minutes.

During the last four months, Agarwal grew up 5x and currently grows about 20% per week. For the first nine months, in the next nine months, he plans to expand more than 200 micro-market in the city cities in India and hires more workers in the workforce with about 100 people.

He said several hypercal consumer applications were tested and repeatedly failed. For example, after the Pandemic-LED lock, the supply of food placed on a global global global scale in 2023, but in the last few months, they began to face difficulties. In India, including instant food delivery models applicable with fast trading platforms Zepto and Homatohave struggled. Past Due to supply restrictions suspended 10 minute cafe servicesand the second 15 minutes of food has stopped the delivery service Four months after the start of “No increase in the demand”.

The cost of accessing and suppliers of customers in places should be expensive and time periodically. In the case of Snabbit, TechCrunch, the customer’s purchase cost ₹ 700 ($ 8), the average ticket size is about $ 3.

The beginning has today held more than 25,000 clients and average customer platforms on a platform on a platform for at least three times a month, Agarwal.

“Our eclipse rates have any consumer internet company, say, there is a zepto or a swiggy,” he said.

Nevertheless, see how the beginning can maintain and expand its customers and expand the market in India and to see how the competition can build competition.

“Snabbit changes home services by bringing rapid, structure and confidence in an informal sector in India so far,” he said. “We are pleased to join this journey and support their missions to change and scalt the required luxury once a day.”



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