Snapmint

Snapmint is India's leading 0% EMI app for all things shopping, based in Mumbai. Founded in 2015, the company obtained its NBFC license from the Reserve Bank of India in 2019, aiming to democratize Zero Cost EMI shopping for the 300 million Indians without credit cards. Specializing in Financial Services, Snapmint has attracted notable Series A investment of $10.50M from prominent investors such as Kae Capital, 9Unicorns, Negen Capital Services, Prashasta Seth, Anicut Capital, and Prudent Investment Managers in October 2022. With over 700 consumer brands on board, the company has also successfully launched a mobile app, gaining nearly 25 million downloads. Snapmint's vision for providing credit access and its growing popularity among Gen Z online shoppers position it as a promising player in the Indian fintech market. This startup presents potential investment opportunities for venture capitalists seeking exposure in the rapidly expanding Indian digital commerce landscape.