Snapmint

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Snapmint
Formation 2015
Headquarters Mumbai, Maharashtra,
Products Fintech
Website https://snapmint.com/


Snapmint is an Indian fintech company[1][2] headquartered in Mumbai. Established in 2017[3] by Anil Gelra and Nalin Agrawal, it was later joined by Abhineet Sawa as their co-founder.[3][4]

History

In 2019, the company obtained its NBFC licence from the Reserve Bank of India with the mission to democratise Zero Cost EMI shopping in India.[5][6]

The target audiences for Snapmint are Gen Zs across India.[7]

In 2022, Snapmint has successfully secured 21M in equity funding.[8][9][10][11]

Awards

  • Best Mobile App Initiative of the Year' Award (2023)[12]

References

  1. "FUTURE OF CREDIT: HOW ECOMMERCE STARTUP SNAPMINT IS CHANGING THE WAY EMIS WORK IN INDIA". https://yourstory.com/2020/04/future-of-credit-snapmint-emis-india-startup. 
  2. Mali, Krishna (2023-06-23). "Inclusive Credit Access: Snapmint's Abhineet Sawa On Expanding Access to Credit Beyond Defaults" (in en-US). https://techgraph.co/interviews/snapmints-abhineet-sawa-on-expanding-access-credit-beyond-defaults/. 
  3. "All businesses are excited about Gen Z: Abhineet Sawa, Snapmint - Exchange4media" (in en). https://www.exchange4media.com/digital-news/all-the-businesses-are-excited-about-gen-z-abhineet-sawa-snapmint-125485.html. 
  4. "SnapMint offers cardless, paperless, hassle-free online shopping.". https://yourstory.com/companies/snapmint. 
  5. Bureau, BW Online. "Partnerships Will Play A Critical Role In Market Growth Nalin Agrawal Co Founder And CEO Snapmint" (in en). http://bwdisrupt.businessworld.in/article/-Partnerships-Will-Play-A-Critical-Role-In-Market-Growth-Nalin-Agrawal-Co-Founder-And-CEO-Snapmint/24-05-2021-390703. 
  6. "All businesses are excited about Gen Z: Abhineet Sawa, Snapmint - Exchange4media" (in en). https://www.exchange4media.com/digital-news/all-the-businesses-are-excited-about-gen-z-abhineet-sawa-snapmint-125485.html. 
  7. Bureau, Adgully (2023-01-06). "487% increase in women buyer during Year End, reveals Snapmint data" (in en-US). https://www.adgully.com/487-increase-in-women-buyer-during-year-end-reveals-snapmint-data-127016.html. 
  8. "Fintech startup Snapmint raises $9 mn in Series A from 9 Unicorns, others". https://www.business-standard.com/article/companies/fintech-startup-snapmint-raises-9-mn-in-series-a-from-9-unicorns-others-122030100721_1.html. 
  9. "BNPL platform Snapmint bags $21 mn in debt and equity funding" (in en). 2022-10-17. https://www.businesstoday.in/latest/corporate/story/bnpl-platform-snapmint-bags-21-mn-in-debt-and-equity-funding-350082-2022-10-17. 
  10. Rudra, Tapanjana (2022-10-17). "BNPL Startup Snapmint Raises $21 Mn Debt & Equity Funding" (in en). https://inc42.com/buzz/bnpl-startup-snapmint-raises-21-mn-dollar-to-add-more-merchants-to-its-network/. 
  11. Jose, Teena (2022-10-18). "Snapmint Raises $21 Million" (in en). https://www.entrepreneur.com/en-in/news-and-trends/snapmint-raises-21-million/437395. 
  12. "Snapmint wins the 'Best Mobile App Initiative of the Year' Award at 2nd Annual NBFC & Fintech Excellence Awards, 2023 | Technology" (in en). https://www.devdiscourse.com/article/technology/2387987-snapmint-wins-the-best-mobile-app-initiative-of-the-year-award-at-2nd-annual-nbfc-fintech-excellence-awards-2023.