Snabbit Records Rs 72 Cr NTV in Q2 FY27, Ahead of InstaHelp
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Khushi Jain
- October 16, 2026
Quick home services startup Snabbit recorded a net transaction value (NTV) of Rs 72 crore in Q2 FY27, slightly ahead of Urban Company’s InstaHelp, which reported Rs 71 crore. However, Snabbit reported a lower burn of Rs 142 crore, compared with InstaHelp’s adjusted EBITDA loss of Rs 174 crore during the quarter, according to a LinkedIn post by Snabbit co-founder Ayush Agarwal.
The figures indicate that both platforms generated nearly the same transaction value, while InstaHelp’s reported adjusted EBITDA loss was Rs 32 crore higher than Snabbit’s reported burn. However, the two figures may not be directly comparable unless they are calculated using the same accounting measure.
InstaHelp Reports Rs 20.37 Cr Revenue in Q2 FY27
Urban Company reported Rs 20.37 crore in revenue from InstaHelp in Q2 FY27, marking an 82% quarter-on-quarter increase.
The platform processed 6.2 million orders during the quarter, translating into average revenue of nearly Rs 33 per order.
According to Agarwal’s LinkedIn post, Snabbit processed 6.4 million orders during the same quarter. The figures indicate that the two platforms operated at a similar scale in terms of order volumes.
Snabbit Reports Rs 168 Cr Net Loss in FY26
Snabbit reported operating revenue of Rs 12.25 crore and a net loss of Rs 168 crore in FY26. The company also said its daily jobs grew 75 times during the year as it expanded its quick home services business.
The latest quarterly figures highlight the intense competition in the instant home services market, where platforms are investing heavily to acquire customers and expand operations.
With Snabbit and InstaHelp recording similar NTV in Q2 FY27, improving unit economics and reducing losses will remain important as both businesses scale.
FAQs
1. What was Snabbit’s NTV in Q2 FY27?
Snabbit recorded a net transaction value of Rs 72 crore in Q2 FY27.
2. What was InstaHelp’s NTV in Q2 FY27?
Urban Company’s InstaHelp recorded an NTV of Rs 71 crore during the quarter.
3. How much did Snabbit report in burn during Q2 FY27?
Snabbit reported a burn of Rs 142 crore, according to Ayush Agarwal’s LinkedIn post.
4. How many orders did Snabbit and InstaHelp process in Q2 FY27?
Snabbit processed 6.4 million orders, while InstaHelp processed 6.2 million orders.
5. What were Snabbit’s FY26 financial results?
Snabbit reported operating revenue of Rs 12.25 crore and a net loss of Rs 168 crore in FY26.
