Snapmint

About

Snapmint facilitates simplified, fairly-priced and hassle-free EMI options without a Credit Card.

Mumbai,Maharashtra,India
51 - 100
https://snapmint.com/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $12M
Industries: Consumer Lending,Financial Services,Lending,Personal Finance
Founded date: Jan 1, 2015
Number Of Employee: 51 - 100
Operating Status: Active

Snapmint makes purchasing in installments possible without credit cards - to help customers afford more. Customers use its simple 5-minute online process to purchase mobile phones, electronics, appliances, and a variety of other items.

The company was founded in 2015 and is based in Mumbai, India.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$12M ₹670M

Snapmint has raised a total of $12M ₹670M in funding over 2 rounds. Their latest funding was raised on Oct 17, 2022 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 17, 2022	Series A	$12M	5	Prudent Investment Managers	—	Detail
Oct 17, 2022	Debt Financing	—	1	Northern Arc	—	Detail
Feb 28, 2022	Series A	₹670M	6	Prashasta Seth	—	Detail
Dec 1, 2018	Seed	—	1	Secocha Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

10

Snapmint is funded by 10 investors. Prudent Investment Managers and Northern Arc are the most recent investors.

Investor Name	Lead Investor	Funding Round
Prudent Investment Managers	Yes	Series A
Northern Arc	Yes	Debt Financing
Prashasta Seth	Yes	Series A
Secocha Ventures	Yes	Seed
9Unicorns Accelerator Fund	—	Series A
Anicut Capital	—	Series A
Kae Capital	—	Series A
Negen Capital Services	—	Series A
Ramakant Sharma	—	Series A
Usama Fayyad	—	Series A