10-minute househelp startups & their crore-sized lossesLatest financials reported by Snabbit and Urban Company on Friday point to heavy cash burn in the race to deliver household services within...
'We’d make those investments again': Snabbit CEO on FY26 lossesHis comments followed media reports on Friday based on Registrar of Companies filings, that said the company had earned operating revenues ...
Urban Company board approves plan to raise Rs 2,500 crore via QIPIn a letter to shareholders, the Gurugram-based company said it had Rs 1,901 crore in cash as of September 30, while its businesses excludi...
Snabbit employee, auto driver husband earn Rs 1 lakh a month; child studies at school with Rs 1.5 lakh feesA Snabbit senior director’s LinkedIn post about a woman employee’s earnings has sparked discussion about women’s financial independence and...
UPI MDR rollout pushed; India’s first quantum computer coming soonHappy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning ...
UPI MDR rollout delayed; Rs 7,131 crore RDI deploymentNPCI has pushed back the UPI MDR rollout until after the festive season. This and more in today's ETtech Top 5.
Urban Company eyes Rs 2,500 crore QIP amid cash-intensive househelp battleThe Gurugram-based company, which went public in September 2025, is locked in a battle with Lightspeed-backed Snabbit and General Catalyst-...
Rapid food delivery startup Swish to raise $20-25 million led by Bertelsmann India: SourcesThe transaction, which is also likely to see participation from Swish’s existing investors, is expected to value the two-year-old company a...
Urban Company sues Kent RO over ‘unsafe’, ‘risky’ water purifier ads; company to pull down 'offending' contentUrban Company has sued Kent RO Systems in the Delhi High Court, alleging that its advertisements and social media posts made false and misl...
The ET Startup Awards 2026: Nominees for Best on Campus and Comeback KidHappy Tuesday! We are excited to bring you the 12th edition of The Economic Times Startup Awards (ETSA). In the run-up to the coveted honou...
Klydo founder Pradeep Yadav joins Snabbit as head of operationsFormer Udaan and Flipkart executive Pradeep Yadav has joined instant domestic help startup Snabbit as head of operations. He will lead oper...
Snabbit, Urban Company lead push to organise India's domestic work sectorIndian startups are digitizing domestic services, offering workers better pay and customers flexibility. Platforms like Snabbit and Urban C...
Urban Company’s InstaHelp, Snabbit cross 100,000 daily bookings markSnabbit and InstaHelp, Urban Company's quick househelp verticals, each completed over 100,000 bookings in one day, highlighting growing con...
Mirae Asset Venture raises Rs 1,125 crore in first close of new India-dedicated fundThis compares with the firm’s first flagship fund, which had a corpus of Rs 370 crore, and a late-stage vehicle it launched with a corpus o...
Instant home services firms Urban Company, Snabbit slash prices, cut waiting times as competition intensifiesThe sector's rising cash burn, coupled with the relatively limited size of the addressable market, is beginning to concern investors tracki...
Of kitchens & cosmetics: Snabbit forays into beauty services after home cooksInstant house help platform Snabbit has launched a salon-at-home offering, connecting customers with beauty professionals within minutes. P...
Quick service platform Snabbit appoints Abhinav Ankur as chief business officerQuick service platform Snabbit has appointed Abhinav Ankur as its chief business officer. This move comes as the house help segment experie...