1. Home-services startup Snabbit reports Rs 12 crore revenue against Rs 168 crore loss in FY26

Home-services startup Snabbit reports Rs 12 crore revenue against Rs 168 crore loss in FY26

Business

  • Home-services startup Snabbit reported a net loss of Rs 167.75 crore on operating revenue of Rs 12.25 crore in FY26.
  • Total expenses rose to Rs 194.76 crore from Rs 6.81 crore a year earlier, far outpacing the growth in revenue.
  • Founder Aayush Agarwal said it was the company’s first full year and that it chose to invest ahead of scale.
  • He said daily jobs rose from about 500 to 35,000 over the year, and that it ended FY26 with Rs 319 crore in cash.

Source: moneycontrol.com

Get 100 stories a day on the app Read, watch & listen · Free on iOS & Android

Newer

Older