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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. IPO-bound OfBusiness FY26 revenue falls 7% to Rs 20,645 crore

  2. Peak XV sells Go Digit shares worth Rs 139 crore via block deal

  3. Kissht Q1 FY27 revenue jumps 45% to Rs 677 crore, net profit up 59%

  4. Delhi HC orders winding up of Paytm Payments Bank, appoints official liquidator

  5. Easebuzz FY26 revenue up 10% to Rs 723 crore, net profit falls

  6. Read more news...

AI/Emerging Tech

  1. Revspot bags Series A funding co-led by Inflexor Ventures, Info Edge Ventures

  2. Aurionpro Q1 FY27 revenue up 6.3% to Rs 358 crore, net profit falls

  3. BusinessNext raises Series C funding led by ServiceNow Ventures at $700 mln valuation

  4. Fractal Q1 FY27 revenue rises 20% to Rs 913 crore, profit jumps 92%

  5. FireAI raises fresh funding from existing investor SucSEED

  6. Read more news...

IPO Tales

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

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

  3. Shiprocket IPO: A profitable core, costly emerging bets

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  5. Read more news...

Money & Machines

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

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

  3. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  4. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

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

  3. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  4. Micro VCs: Fueling India's startup pipeline or distorting it?

  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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