About Snapmint
Snapmint is a Financial Services company based in Mumbai (India) founded in 2015 by Sanket Sushilkumar Parekh. It operates as a no-credit-card EMI solutions for online purchases are provided. It operates in the Financial Services and Retail sectors. Snapmint has raised $179.98 million across 19 funding rounds from investors including Dezerv, Northern Arc Capital and LetsVenture. The company has 158 employees. Snapmint was last valued at $29.18 million in January 2022. Its website snapmint.com draws about 3.8 million monthly visits. Its Indian entity Snapmint Credit Advisory Private Limited reported revenue of ₹152 Cr. Snapmint offers products and services including EMI Payment Service and Merchant EMI Solution. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include axio, ZestMoney, Simpl, PayJoy and Lazypay and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 158
- Founders Sanket Sushilkumar Parekh
- Stage Minicorn
- SectorsFinancial ServicesRetail
- Website category Finance
- Email••••••••
- Phone•••• ••••
- Website snapmint.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Snapmint Credit Advisory Private Limited
- Date of Incorporation 26 Sep, 2017
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹152 Cr
FY 2025 · +71% YoY
- Net Profit₹6.83 Cr
FY 2025 · 4% margin
- EBITDA₹36.02 Cr
FY 2025 · 24% margin
- Total Equity Funding$179.98M (USD)
in 19 rounds
- Latest Funding Round$115M (USD), Series B
Oct 2025
- InvestorsDezerv
& 149 more
- Employee Count158
Associated legal entities of Snapmint
Snapmint is associated with 2 registered companies on The Company Check; the primary company is Snapmint Credit Advisory Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Snapmint Credit Advisory Private Limited CIN U72200MH2017PTC300126 | Active | 26 Sep 2017 | Mumbai, Maharashtra | ₹152 Cr | 158 | 5 | View details |
| Snapmint Financial Services Private Limited CIN U65999MH2019PTC321095 | Active | 13 Feb 2019 | Mumbai, Maharashtra | ₹53.3 Cr | 14 | 6 | View details |
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
Apps and channels of Snapmint
Snapmint publishes 1 mobile app with over 10M+ downloads; its YouTube channel Snapmint has 7.59K subscribers and 30 videos.
Videos from Snapmint
The most watched videos on Snapmint's YouTube channel, Snapmint (7.59K subscribers). Click a video to play it here.
More on Snapmint.
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.
- Total Funding $179.98M
- Total Rounds 19
- Last Round Series B — $115M
- First Round $477,347
(Nov 2017)
- Investors Count 150
Latest 10 of 19 funding rounds of Snapmint with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2025 | $115M | Series B | – | General Atlantic | |
| Oct 2025 | – | Series A | – | Elev8 | – |
| Dec 2024 | – | Debt – Conventional | – | – | |
| Dec 2024 | $18M | Series A | – | Prashasta Seth | |
| Oct 2024 | $58,713 | Angel Round | – | – | |
| Sep 2024 | $2.93M | Series A | – | – | |
| Jul 2024 | $391,388 | Series A | – | – | |
| Jun 2024 | $1.05M | Series A | – | – | |
| Nov 2023 | $239,289 | Series A | – | Chaitanyatrust | – |
| Oct 2022 | $21M | Series A | – | Prashasta Seth |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $29.18M | •••••••• |
| Nov 2021 | $26.33M | •••••••• |
| Aug 2020 | $••••• | •••••••• |
| Aug 2019 | $••••• | •••••••• |
| Jul 2018 | $••••• | •••••••• |
| Nov 2017 | $••••• | •••••••• |
Full valuation and stage history of Snapmint
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $29.18M (Jan 2022). 150 investors in total: 46 institutional and 104 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are targeted at healthcare, fintech, and education sectors. | – | pegasusfininvest.com | Mumbai, India | |
Investment in high-growth startups and angel funding services in India. | 2014 | leadangels.in | Mumbai, India | |
Early-stage investing in tech startups in India. | 2011 | kae-capital.com | Mumbai, India | |
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India. | 2015 | anicutcapital.com | Chennai, India | |
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Investment in tech-enabled startups and consumer-facing businesses in India. | 2022 | negenaif.com | Mumbai, India | |
Multiple sectors are invested in by this single family office. | – | realandsons.tcc.mode | - | |
Startup accelerator | 2016 | znationlab.com | Cupertino, United States | |
- | – | merisisvp.com | - | |
Investment in tech startups focusing on innovation and emerging trends in India. | 2018 | siriusone.vc | Chennai, India |
Investor details for Snapmint
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Board of directors of Snapmint Credit Advisory Private Limited (Snapmint)
Snapmint Credit Advisory Private Limited is the primary company behind Snapmint. The boards of the 2 registered companies of Snapmint currently have 8 directors; the longest-serving is Suresh Ravindranath Pai, appointed in 2019. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Ravindranath Pai DIN 06855197 | Director | 13 Feb 2019 | 7 yrs 8 mo | Snapmint Financial Services Private Limited |
| Shreya Deb DIN 07915580 | Director | 13 Feb 2019 | 7 yrs 8 mo | Snapmint Financial Services Private Limited |
| Anil Gelra Kumar DIN 05244919 | Director | 13 Feb 2019 | 7 yrs 8 mo | Snapmint Financial Services Private Limited, Snapmint Credit Advisory Private Limited |
| Nalin Sunil Agrawal DIN 00325381 | Director | 13 Feb 2019 | 7 yrs 8 mo | Snapmint Financial Services Private Limited, Snapmint Credit Advisory Private Limited |
| Prashasta Seth DIN 01729388 | Nominee Director | 02 Jan 2021 | 5 yrs 9 mo | Snapmint Credit Advisory Private Limited |
| Abhineet Sawa DIN 09653774 | Director | 15 Jul 2022 | 4 yrs 3 mo | Snapmint Financial Services Private Limited |
| Krishnavataram Venkata Vinjamuri DIN 08410987 | Nominee Director | 15 Jul 2022 | 4 yrs 3 mo | Snapmint Credit Advisory Private Limited |
| Shantanu Rastogi DIN 06732021 | Nominee Director | 30 Oct 2025 | 11 mo | Snapmint Credit Advisory Private Limited |
People of Snapmint
21 people are tracked at Snapmint (9 in leadership, 12 in team); the tracked headcount is 158.
| Name | Role | Group |
|---|---|---|
Sanket Sushilkumar Parekh | Co-Founder | Leadership |
Shivani Naveen | Senior Director, Customer Success & Delivery | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Vivek Gala | Head Of Operations | Leadership |
Avinash Jayaram | Associate Director | Leadership |
Dhirendra Kumar | Director Of Devops | Leadership |
Sanjeev Kumar | Vice President Of Technology | Leadership |
Kuldeep Singh | Senior Quality Assurance Specialist | Team |
Nirmala Kumawat | Quality Analyst | Team |
Rajesh Meena | Senior Analyst | Team |
Vishnu Murti Pandey | Software Engineer 1 - Frontend | Team |
Siddhi Chandan | Engineering Lead | Team |
Gaurav Purohit | Associate Team Lead | Team |
Shubham Jain | Data Science Manager | Team |
Praveen Kumar Gutta | Fraud Analyst | Team |
Gautam Kathrotiya | Sr. Ruby On Rails Developer | Team |
Aditi Thakur | Technical Team Lead | Team |
Adithya H | Software Development Engineer (full-stack) | Team |
1 more people are available in the full profile.
Complete people profiles for Snapmint
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Financials of Snapmint
Figures of Snapmint Credit Advisory Private Limited, the primary company behind Snapmint, for FY 2025. Revenue was ₹152 Cr (+71% year on year). Net profit was ₹6.83 Cr (4% margin). EBITDA was ₹36.02 Cr (24% margin). Revenue has grown at a compounded annual rate of +57% over three years and +88% over five years.
- ₹152 CrRevenue · FY 2025 · +71% YoY
- ₹6.83 CrNet profit · 4% margin
- ₹36.02 CrEBITDA · 24% margin
- ₹5.3 LakhPaid-up capital
- 158Employees (provident fund records)
- +57%Revenue CAGR, 3 years
- +88%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Snapmint Credit Advisory Private Limited are on its company page.
Detailed financial statements for Snapmint
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Snapmint
4 dated milestones of Snapmint across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Snapmint is founded.
- Funding First funding round of $477K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $115.0M.
Competitors of Snapmint
Snapmint has 9 listed competitors in our database, 8 of them funded. They include axio, ZestMoney, Simpl, PayJoy and Lazypay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| axio.co.in | 2013 | Bengaluru, India | $205.92M | 499 | An online lending platform for point-of-sale financing is provided. | |
| zestmoney.in | 2015 | Delhi, India | $151.12M | 21 | Online platform offering point-of-sale financing | |
| getsimpl.com | 2015 | Bengaluru, India | $47.47M | 144 | An online platform for purchase financing is provided by Simpl. | |
| payjoy.com | 2015 | San Francisco, United States | $204.62M | 101 | Online platform for purchase financing | |
| lazypay.in | 2017 | Mumbai, India | $7M | 366 | Provider of digital payment solutions, including deferred payment and personal loans | |
| postpe.app | 2021 | Gurugram, India | – | 305 | App-based platform for point of sale financing | |
| paytail.com | 2020 | Gurugram, India | $1.78M | 56 | Finance and e-commerce solutions are enabled via instant EMI loans. | |
| getshopse.com | 2020 | Mumbai, India | $11.81M | 84 | Payment platform offered for diverse business payment options. | |
| happyemi.com | 2015 | Bengaluru, India | $1.71M | – | Instalment payments for online and offline purchases are enabled. |
Detailed competitors of Snapmint
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Web traffic of Snapmint
The website of Snapmint (snapmint.com) receives about 3.8M visits a month and ranks #4,767 among all websites worldwide, #297 in Finance.
- Monthly visits3.8M
▲ 7.3% vs previous month
- Unique visitors1.7M
per month
- Global rank#4,767
among all websites
- Category rank#297
Finance · Finance
- Bounce rate15%
- Pages per visit40.6
- Average visit2 min 17 sec
- DevicesDesktop 9% · Mobile 91%
Websites whose visitors overlap most with Snapmint. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thesleepcompany.in | 100% | 2.8M | #24,666 | View details | |
| myfrido.com | 89% | 3.9M | #16,511 | View details | |
| paisabazaar.com | 88% | 10.7M | #5,741 | View details | |
| razorpay.com | 87% | 34.9M | #1,536 | View details | |
| idfcfirstbank.com | 85% | 3.9M | #11,461 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Snapmint
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Top companies in Alternative Lending
10 companies that operate in the same segment as Snapmint (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | 1,487 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – |
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Related news about 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. The company's 1st funding round was a Series A of $21M, raised on Nov 2017.
Snapmint has 158 employees.
The primary company behind Snapmint, Snapmint Credit Advisory Private Limited, reported revenue of ₹152 Cr for FY 2025, up 71% year on year.
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.
Snapmint is associated with 2 legal entities: Snapmint Credit Advisory Private Limited, Snapmint Financial Services Private Limited.
The legal entities of Snapmint currently have 9 directors, including Suresh Ravindranath Pai, Shreya Deb, Anil Gelra Kumar and others.