Snabbit has acquihired the founding team of Pync as part of a strategic push to deepen its leadership bench and accelerate expansion across urban markets, reflecting growing consolidation and talent-driven scale-up in India’s on-demand home services sector.
Acquihire details and leadership integration
The deal brings Pync co-founders Harsh Prateek, Mayank S and Dev Priyam into Snabbit in senior roles across operations and strategy. Rather than buying technology or customer lists, Snabbit has focused on acquiring experienced operators with execution capability in hyperlocal service delivery, customer retention and marketplace management.
Background on Pync
Founded in 2023, Pync initially launched as a subscription-based car-cleaning service before pivoting to quick home services. The startup built a notable presence in Bengaluru, serving over 25,000 households and onboarding more than 1,000 service professionals. Despite early traction, Pync faced sectoral pressures including thin unit economics, high customer acquisition costs and complexities in managing service partners.
Strategic rationale for Snabbit
Snabbit positions itself as a quick home services platform offering household tasks such as cleaning, dishwashing and laundry with short turnaround times. The company has been expanding its footprint and investing in operations, technology and workforce management to improve fulfilment and reliability.
Backed by investors including Elevation Capital and Nexus Venture Partners, Snabbit has raised over $25 million and is reportedly exploring a larger funding round. Adding the Pync founders is intended to strengthen operational leadership ahead of accelerated scaling and future fundraising.
Market context
India’s home services market is growing on the back of urbanisation, rising dual-income households and demand for on-demand convenience. Established platforms such as Urban Company dominate broad categories, while newer players experiment with ultra-fast and subscription-led models to differentiate.
At the same time, the segment is operationally complex: ensuring consistent service quality, managing large workforces and achieving profitability remain persistent challenges. These dynamics are driving consolidation, with startups increasingly opting for acquihires or partnerships rather than independent scaling—making the Snabbit-Pync move representative of a wider trend.
Implications for consumers
Consumers can expect potential improvements in service reliability, faster fulfilment and expanded availability as Snabbit integrates experienced operational leadership. Over time, the company may broaden its city presence and fine-tune offerings using the Pync team’s hyperlocal learnings.
