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SNABBIT FINANCIALS
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 ...
- Snabbit reports net loss of Rs 168 crore, revenue of Rs 12 crore in FY26Backed by investors including Nexus Venture Partners, Elevation Capital and Lightspeed, the Bengaluru-based company started operations in A...
- 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...
- 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...
- Behind the Uber-Rapido merger talks; Honasa’s strong Q1 reportHappy Friday! Uber and Rapido explored combining their India ride-hailing operations in May, sources told us. This and more in today’s ETte...
- Instant help burn rises; TCS kicks off Q1 earningsInstant househelp startups are burning more cash to chase demand. This and more in today’s ETtech Morning Dispatch.
- Optimising to win, capture market share in InstaHelp: Urban Company CEO Bhal as firm reports 57x jump in net lossHome services platform Urban Company reported a 57-fold jump in net loss to Rs 161 crore in the March quarter of FY26, primarily due to inc...
- Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Peak XV alum’s fund; Snabbit, Scapia funding; Upgrad-Unacademy dealHappy Monday! Former Peak XV Partners executives have launched a new early-stage venture fund. This and more in today’s ETtech Morning Disp...
- Househelp apps top 2 million monthly orders amid profitability questionsIndia’s emerging 10-minute househelp segment is scaling quickly, but investors are seeking clearer answers on long-term economics. Market l...
- UPI KYC for foreigners made easier; Iran conflict impact on GCCsHappy Tuesday! NPCI is planning to ease digital payments for foreigners in India. This and more in today’s ETtech Morning Dispatch.
- Pync calls it quits; Shadowfax CEO on D2C shiftHappy Thursday! Instant house-help startup Pync is shutting down and merging with rival Snabbit. This and more in today’s ETtech Morning Di...
- Instant househelp sector soars; TCS, HCLTech earningsHappy Tuesday! India’s on-demand home services sector saw record orders in December. This and more in today’s ETtech Morning Dispatch.
- Eternal, Swiggy may pass on added cost of gig workers’ welfare fund: analystsNew labor laws mandate social security contributions for gig workers. Analysts predict these costs will be shared, reducing financial strai...
- Eternal, Swiggy see no negative impact of new labour codes on business in long runAccording to the new Code on Social Security (2020) unveiled by the government on Friday, online aggregators and marketplaces that avail se...
- Startups fire up hiring engine in hunt for senior executivesSenior-level hiring is rebounding across Indian startups, driven by recent funding, IPO preparations, and AI-first hiring. Early-stage firm...
- Urban Company enters quick commerce with 15-minute househelp service, Insta MaidsThe service has been rolled out in Mumbai in a pilot stage. The maids will be paid on an hourly basis.
- Tumble Tuesday for Zomato, Swiggy shares; IT firms boost fresher hiring targetsZomato and Swiggy shares fell due to the former’s weak earnings and intensifying quick commerce competition. This and more in today’s ETtec...
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