Snabbit Ropes In Klydo Cofounder Pradeep Yadav To Helm Operations

Soonicorn startup Snabbit has secured Pradeep Yadav, former cofounder of fashion-focused quick commerce platform Klydo, as its new head of operations. This move comes after Klydo paused its business in July, with Yadav aiming to pivot its operations. Previously, Yadav was part of the founding team of Udaan, where he held an executive position for a decade. Before Udaan, he served as senior director of supply chain at Flipkart.

In a statement, Snabbit highlighted that Yadav will be responsible for operations, with a focus on enhancing execution, constructing scalable operating systems, and ensuring dependable fulfillment as the company expands. Snabbit's co-founder and CEO, Aayush Agarwal, expressed his enthusiasm for working with Yadav, noting that he will bring the same entrepreneurial energy to the startup's new ventures and identify opportunities for growth.

Agarwal also mentioned that Snabbit raised $56 Mn in its Series D funding round in April, aiming to strengthen its market presence and venture into new service categories. The company provides users with trained domestic help for tasks like cleaning, cooking, and dishwashing, with the app delivering services within 10-15 minutes. Snabbit has crossed the milestone of 1 crore jobs created in its lifetime and recently achieved 1.15 lakh jobs in a single day, across Delhi NCR, Mumbai, Bengaluru, Pune, and Hyderabad.

Currently, Snabbit is generating an annualized revenue run rate of $35-40 Mn, according to Agarwal. The company's performance has been impressive since its founding, as reported by Inc42 Media.