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Snapmint raises $125 million in Series B funding led by General Atlantic

Snapmint raises $125 million in Series B funding led by General Atlantic

31 Oct 2025, 01:43 PM

The funding round saw participation from Prudent Investment Managers, Kae Capital, Elev8 Venture Partners, and existing angel investors.

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

25 Jul 2025, 12:17 PM

The ED has filed a complaint against Simpl and its founder Nithya Nand Sharma for allegedly violating FEMA provisions.

BNPL startup Snapmint swings to net profit in FY25: report

BNPL startup Snapmint swings to net profit in FY25: report

16 Jul 2025, 02:27 PM

Snapmint's revenue from operations increased to Rs 158.5 crore during the fiscal from Rs 88.5 crore in FY24.

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

13 Nov 2024, 03:26 PM

A source claims LazyPay recently received a letter from the RBI flagging issues in its customer onboarding process, but the company strongly denies receiving any such communication.

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Fintech Highlights

  1. BlackSoil provides Rs 80 crore acquisition financing for Mintoak's ICC Loyalty buy

  2. RBI identifies 17 NBFCs in upper layer under revised framework; Tata Sons stays on list

  3. Fisdom founders set to exit Groww following completion of acquisition integration

  4. PB Fintech Q1 FY27 revenue up 40% to Rs 1,348 crore, net profit jumps 92%

  5. Elevation Capital offloads Paytm stake worth Rs 2,038 crore via bulk deals
  6. Read more news...

AI/Emerging Tech

  1. Solinas Integrity secures Series A1 funding co-led by Mela Ventures, Hero Enterprise Family Office

  2. Capillary Technologies Q1 FY27 revenue up 43% to Rs 256 crore

  3. Former Swiggy, Zomato execs' AI startup Profound bags seed funding

  4. Kily bags Rs 30 crore funding led by Sorin Investments

  5. Sarvam AI raising $74 million in extended Series B funding led by Nvidia
  6. Read more news...

IPO Tales

  1. Cult.fit IPO: A leaner business, but can the fitness startup justify its valuation?

  2. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  3. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  4. Shiprocket IPO: A profitable core, costly emerging bets
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Money & Machines

  1. Money & Machines: Postpaid is back. The golden era isn't; What Sarvam's Chaplot bet signals

  2. Money & Machines: Ashneer Grover’s third attempt at Third Unicorn; Rise of AI-powered travel

  3. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  4. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge
  5. Previous editions...

PE/VC Tales

  1. 'Traditional fintech SaaS still very valuable', says Cedar Hill Capital's Sahil Anand

  2. Inside the fintech bets of Blume Ventures

  3. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  4. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high
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Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

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