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Snabbit acquihires the founding team of Bengaluru home services rival Pync

Pync's three founders and more than 20 staff moved to Snabbit after the Bengaluru startup, which had served more than 25,000 households, wound down its own brand.

ASAcquired deals deskIndia16 January 2026 · 3 min read
Snabbit acquires Pync
Photo: Nicolas Vigier / Wikimedia Commons, CC0

Snabbit, a Mumbai-based app that sends trained domestic workers to homes at short notice, brought in the founding team of Bengaluru rival Pync in an acquihire reported on 16 January 2026. Co-founders Harsh Prateek, Mayank S and Dev Priyam joined Snabbit in senior roles in operations and business functions.

No financial terms were disclosed. Venture Intelligence, citing YourStory, reported that more than 20 other Pync team members also moved to Snabbit.

Pync had already wound down its independent brand before the deal, according to Entrepreneur India, so the transaction brought Snabbit people and operating experience rather than a product that would keep running under its own name.

What Pync built

Pync was founded in 2023 as a subscription service for car cleaning. It later moved into quick home services such as house help, and it operated only in Bengaluru.

By the time it stopped trading under its own name, Pync had served more than 25,000 households and worked with a network of more than 1,000 service professionals. Venture Intelligence reported that it had been adding about 200 new service partners a week.

Pync's model was close to Snabbit's: a single app through which households booked vetted workers for short jobs at home, with the company recruiting and managing the service professionals itself. Its car-cleaning origins gave the team experience running a recurring, subscription-style service before it moved into house help.

Funding historyTotal raised $2m
2025Seed$2m

The founders and the funding

Pync raised about $2 million in seed funding. Entrepreneur India and D2C Insider named Accel, Bharat Founders Fund and Betterindustries as its investors. Venture Intelligence gave a slightly different account, saying the money came from General Catalyst Partners and Accel India between April and July 2025.

Harsh Prateek said the two companies were aligned on operational discipline and customer experience. He said that combining Pync's execution skills with Snabbit's scale could speed up expansion. The founders' exact titles at Snabbit were not disclosed.

Why Snabbit is buying

Snabbit was founded in March 2024 by Aayush Agarwal, a former executive at the quick-commerce company Zepto, according to Inc42. Its app connects customers with verified domestic workers for cleaning, laundry, dishwashing and kitchen preparation, booked on demand.

The deal gave Snabbit managers who had already built and run a home services operation in Bengaluru. Inc42 later reported that, after the acquihire, Snabbit began piloting home cooking services in the city.

At the time of the deal, Snabbit had raised more than $25 million from Elevation Capital and Nexus Venture Partners, according to D2C Insider, and was reported to be in talks to raise a round of about $100 million. Inc42 reported in May 2026 that the company had raised $112 million across five rounds in under 15 months, operated in five cities and planned to reach ten.

Inc42 reported that Snabbit's base prices were roughly ₹169 to ₹199 (about $1.90 to $2.20) an hour, and that the company had moved away from discount-led growth. Agarwal told the publication that its workers travelled an average of 247 metres between jobs, and that customer acquisition costs had fallen 65% from a peak in November 2025.

A crowded market for quick home services

Snabbit competes with Urban Company, the category leader, which had recently listed on Indian stock exchanges, and with Pronto, which offers house help within ten minutes. Urban Company runs its own ten-minute service, InstaHelp, previously called Insta Maids.

The larger players kept raising money after the Pync deal. Pronto raised $25 million in March 2026, Inc42 reported, while Snabbit said it worked with about 15,000 service professionals and was focusing on dense micromarkets rather than covering whole cities.

For a small single-city operator such as Pync, those rounds set a high bar. Its founders chose to join a better-funded competitor rather than keep competing on their own.

Sources