Neutral impactResults
Snabbit vs Urban Company Financials compared: Aayush Agarwal, Abhiraj Singh Bhal and battle over scale, losses, funding
Mint 1 hr ago·18 Oct 2026, 7:31 am
Snabbit and Urban Company’s InstaHelp services are growing fast, each handling roughly 6.2 to 6.4 million orders in the latest quarter. However, both platforms continue to operate at a loss. The companies are investing heavily in expansion and marketing, which is keeping their expenses high despite selling more services. This intense competition is forcing them to lower prices, making it harder to turn a profit.
For investors, this highlights the challenges facing the home-services sector. While rapid order growth is a positive sign of market demand, the sustained losses suggest that the path to profitability is long and difficult. The focus now shifts to whether these companies can manage their costs effectively as they scale up, or if they will need to raise more capital to stay afloat.
Excerpt from Mint
Snabbit and Urban Co’s InstaHelp business reported rapid growth in Q2 FY27, with about 6.2–6.4 million jobs or orders each. Both platforms remain loss-making, though they reported lower losses per job or order. Competition, expansion costs and pricing pressure continue to challenge profitability. India’s instant…Read the original at Mint
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