Instant Help’s Fight Against Cash Burn, Pixxel’s Next Upgrade & More

The race to rein in cash burn and improve unit economics is intensifying in India's instant home services industry. Companies like Urban City's InstaHelp, Snabbit, and Pronto are reporting record orders and scaling rapidly. However, they are grappling with high fulfillment costs, worker shortages, and rising customer acquisition expenses.

InstaHelp's EBITDA loss per order fell 23% from the previous quarter while Snabbit reduced its burn per job by 29%. For the sector to become profitable, it must lower customer acquisition costs, increase worker utilization, and manage labour costs. Additionally, instant service providers need to implement cross-selling strategies to boost customer spending.

Meanwhile, Pixxel, a satellite technology company, is preparing to launch its next-generation platform, Honeybee, which will expand its data capabilities, opening new opportunities in mineral exploration and greenhouse gas tracking. In the travel tech sector, ixigo reported an 81% YoY increase in net profit in Q1 FY27 due to improved margins, increased market share, and AI-driven efficiencies.

The company also announced the acquisition of an additional stake in food delivery platform Zoop and invested ₹2.4 Cr in Singapore. Meanwhile, wealth management startup Fisdom's cofounders are set to exit the company after completing a planned transition following its acquisition by Groww. Lastly, robotics startup Solinas has raised ₹52.4 Cr in its Series A1 funding round to expand manufacturing capacity, develop new products, and strengthen its software stack.