By Snabbit's filing for the year ended 31 March 2026 showed revenue of about ₹12 crore and total expenses of about ₹195 crore, a loss of about ₹168 crore. Put simply, it spent roughly ₹16 for every ₹1 it earned. In April 2026 it raised a Series D of $56 million.
The numbers behind the round
That looks irrational until you look at the direction of the numbers instead of their size.
What the curve showed
Jobs per day went from about 500 at the start of the year to about 35,000 by the end, as stated by the company. The loss on every job went from about ₹1,500 early in the year to under ₹200 by September 2026, again as stated by the company. And early customers booked three or more times a month. That is a habit, not a trial.
Bad numbers are fine if the direction is undeniable.
The lesson for your pitch
If this year's numbers look bad, do not hide them. Show the trend line next to them. Show loss per customer, order or job over time, and show it falling. Show repeat usage. An investor is buying where the curve goes next, so give them the curve.
Curve or just burn
But be honest with yourself first. If your loss per customer is flat or rising, that is not a curve. That is burn, and no slide will make it look like anything else.
Sources: Snabbit FY26 RoC filing via Inc42 and YourStory (October 2026); Series D via Bar and Bench and PTI (2026); early customer data via TechCrunch (May 2025). Jobs per day and loss per job as stated by the company.