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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. Kissht IPO subscribed over 9 times

  2. Dream11 parent launches AI stock broking platform DreamStreet

  3. Aurm raises Series A funding led by Earth Fund and Sattva Ventures

  4. Govt appoints Rohit Jain as RBI Deputy Governor

  5. PhonePe’s Share.Market CEO Ujjwal Jain steps down

  6. Read more news...

AI/Emerging Tech

  1. Reliance-backed Netradyne buys European fleet firm Moove

  2. Krutrim pivots to AI cloud services

  3. Pixxel, Sarvam team up to build orbital data centre satellite

  4. Banza bags pre-seed funding led by Campus Fund

  5. Exfinity Venture Partners books 13x returns with partial exit from CloudSEK

  6. Read more news...

IPO Tales

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

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

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

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

  5. Read more news...

Money & Machines

  1. Razorpay's IPO + Visa's appointment + AI-IT tieups

  2. The Slice transition; Spyne's R&D obsession

  3. The fintech crackdown continues; The ROI paradox in AI

  4. 'Guilty, until proven innocent'; The ARR illusion

  5. Previous editions...

PE/VC Tales

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

  2. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

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

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

  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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