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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.

Who Reads Us

Fintech Highlights

  1. GetVantage secures Series A1 funding led by Rajeev Ahuja, SanRaj Group

  2. InRisk Labs raises Series A funding led by Bessemer and Northpoint Capital

  3. Government introduces Bill to enable future changes to MDR on UPI, RuPay debit cards

  4. Fundamentum doubles down as Stable Money kicks off Series C fundraising

  5. Avanse Q1 FY27 standalone revenue up 18% to Rs 760 crore

  6. Read more news...

AI/Emerging Tech

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

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

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

  4. Sarvam AI raising $74 million in extended Series B funding led by Nvidia

  5. Drone startup SUIND bags seed funding led by Transition VC

  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

  5. Read more news...

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. Elevation Capital offloads Paytm stake worth Rs 2,038 crore via bulk deals

  2. Peak XV, Elevation Capital offload Meesho shares worth Rs 1,949 crore via block deals

  3. Inside the fintech bets of Blume Ventures

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

  5. Read more news...

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

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]

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