About Snapmint
Snapmint is a company based in Mumbai (India) founded in 2015 by Sanket Sushilkumar Parekh. Snapmint has raised $179.98 million across 19 funding rounds from investors including Dezerv, Northern Arc Capital and LetsVenture. The company has 158 employees as of March 29, 2024. Snapmint offers products and services including EMI Payment Service and Merchant EMI Solution. Snapmint operates in a competitive market with competitors including axio, ZestMoney, Simpl, PayJoy and Lazypay, among others.
- Headquarter Mumbai, India
- Employees 158 as on 29 Mar, 2024
- Founders Sanket Sushilkumar Parekh
- Stage Minicorn
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Sectors
Financial ServicesRetail
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Email
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Phone
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Website
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Social
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- Legal Name Snapmint Credit Advisory Private Limited
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$7.2 M (USD)82.32as on Mar 31, 2023
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Net Profit
-$3.63 M (USD)-202.88as on Mar 31, 2023
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EBITDA
-$4.51 M (USD)-89.57as on Mar 31, 2023
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Total Equity Funding
$179.98 M (USD)
in 19 rounds
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Latest Funding Round
$115 M (USD), Series B
Oct 31, 2025
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Investors
Dezerv
& 149 more
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Employee Count
158
as on Mar 29, 2024
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Products & Services of Snapmint
Snapmint offers a comprehensive portfolio of products and services, including EMI Payment Service and Merchant EMI Solution.
Enables zero-interest installment payments for online purchases
Facilitates EMI partnerships for stores selling electronics and appliances
People of Snapmint
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Funding Insights of Snapmint
Snapmint has successfully raised a total of $179.98M across 19 strategic funding rounds. The most recent funding activity was a Series B round of $115 million completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Snapmint
Snapmint has secured backing from 150 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Dezerv, Northern Arc Capital and LetsVenture.
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Early-stage investments are targeted at healthcare, fintech, and education sectors.
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Investment in high-growth startups and angel funding services in India.
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Early-stage investing in tech startups in India.
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Investor details for Snapmint
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Investments & Acquisitions by Snapmint
Investment portfolio details for Snapmint
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Financial Statements - Snapmint
Detailed financials for Snapmint
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Snapmint Comparisons
Peer comparison for Snapmint
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Competitors of Snapmint
Snapmint operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as axio, ZestMoney, Simpl, PayJoy and Lazypay, among others.
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An online lending platform for point-of-sale financing is provided.
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Online platform offering point-of-sale financing
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An online platform for purchase financing is provided by Simpl.
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Online platform for purchase financing
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Provider of digital payment solutions, including deferred payment and personal loans
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Detailed competitors of Snapmint
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Latest news on Snapmint
Complete news archive for Snapmint
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Frequently Asked Questions about Snapmint
Snapmint was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Snapmint is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Snapmint is a funded company, having raised a total of $179.98M across 19 funding rounds to date.
As of Mar 29, 2024, the latest employee count at Snapmint is 158.
Annual revenue of Snapmint is $7.2M as on Mar 31, 2023.
Snapmint was founded in 2015 in Mumbai, India, as a fintech provider specializing in EMI payment options that do not require credit cards. Installment plans are offered for electronics, appliances, and fashion items through partnerships with online retailers. These services are extended to both consumers and businesses, allowing access to a range of goods via the snapmint.com platform across India.
Snapmint offers EMI Payment Service and Merchant EMI Solution.
Snapmint has 150 investors. Key investors include Dezerv, Northern Arc Capital, LetsVenture, General Atlantic, and Kae Capital.
The valuation of Snapmint is $29.18M as of Jan 2022.