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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. Aye Finance files RHP, reduces IPO size to Rs 1,010 crore

  2. Peak XV sees another top-level exits as three managing directors quit

  3. Dhan FY25 revenue more than doubles to Rs 877 crore

  4. Mobikwik Q3 revenue rises 7% to Rs 289 crore

  5. Indian govt, RBI in talks to link UPI with Alipay+ for cross-border payments

  6. Read more news...

AI/Emerging Tech

  1. Loop AI raises Series A funding led by Nyca Partners

  2. Fractal Analytics shrinks IPO size as Apax, TPG reduce sell-down

  3. OpenAI accuses xAI of erasing crucial evidence in new court filing

  4. Musk combines SpaceX with xAI to form 'most ambitious' engine on (and off) Earth

  5. SpaceX seeks federal approval to launch data centers in space

  6. Read more news...

IPO Tales

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

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

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

  4. The Bull Run Broker: Inside Groww's $7 billion IPO

  5. Read more news...

Money & Machines

  1. Economic Survey with fintech goggles on; Activate's Pratyush Choudhury on vibe coding

  2. Why General Atlantic paid up for PhonePe; Voice AI for a Country that never stops calling

  3. The story behind NPCI Jogeshwari & Flipkart's AI moment

  4. The return of Super Apps; Grok triggers policy rethink + Peak XV Report

  5. Previous editions...

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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