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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, 13:43 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, 14:27 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, 15:26 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. Antler-backed Covrzy rejects two M&A offers, opts to shut down

  2. Fino Payments Bank's compliance chief Aashish Pathak steps down

  3. CredResolve bags pre-Series A funding led by Merak Ventures

  4. OpenFX raises $94 million in funding round led by Accel, Lightspeed

  5. Wealthtech startup Bachatt raises Series A funding led by Accel

  6. Read more news...

AI/Emerging Tech

  1. OpenAI raises $122 billion at post-money valuation of $852 billion

  2. IndiaAI Mission CEO Abhishek Singh to move from MeitY to NTA as Director General

  3. Bellatrix Aerospace raises $20 million in pre-Series B funding led by Cactus Partners

  4. Gnani.ai raises fresh funding led by Aavishkaar Capital

  5. Rocketlane raises $60 million in Series C funding led by Insight Partners

  6. Read more news...

IPO Tales

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

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

  3. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  5. Read more news...

Money & Machines

  1. Rishi Gupta is out on bail. What next?; The cost of frivolous AI use

  2. Fintechs' Dubai Dream; Founders' AI Second Act

  3. A CEO arrested, hearing delayed; Sarvam's AI pitch

  4. Airtel's lending leap; Responsible AI only on paper?

  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet

  5. Read more news...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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