Snapmint raises $18M to expand no-cost EMI platform

Quick Summary:

Snapmint provides zero-interest installment payment plans ranging from 3 to 12 months for online purchases and primarily focuses on fashion and consumer electronics.

Founded in 2017 by Abhineet Sawa, Nalin Agrawal, and Anil Gelra—all of whom are alumni of IIT Bombay—Snapmint is backed by investors, including Lightspeed Ventures, Northern Arc Capital, Anicut Capital, and 9Unicorns.

It primarily focuses on fashion and consumer electronics, with partnerships spanning brands like boAt, Xiaomi, Croma, and several lifestyle and apparel companies.

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: India

Topics: Policy Installment Privacy Consumer Snapmint Million Startup Last Online Payment Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 07:57:18 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 280 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24371561

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 26 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #44

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