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Mumbai-based Snapmint, a BNPL partner to brands that lets consumers pay in monthly instalments via India's UPI, raised a $125M Series B led by General Atlantic (Shashank Pathak/Entrackr)

Techmeme•Saturday, November 1, 2025 at 5:05:01 AM
PositiveArtificial Intelligence
Mumbai-based Snapmint, a BNPL partner to brands that lets consumers pay in monthly instalments via India's UPI, raised a $125M Series B led by General Atlantic (Shashank Pathak/Entrackr)
Snapmint, a Mumbai-based fintech company specializing in buy now, pay later (BNPL) solutions, has successfully raised $125 million in a Series B funding round led by General Atlantic. This significant investment highlights the growing demand for flexible payment options in India, particularly through the Unified Payments Interface (UPI). With this funding, Snapmint aims to expand its services and partner with more brands, making it easier for consumers to manage their purchases in monthly installments. This development is crucial as it reflects the increasing shift towards digital payment solutions in the Indian market.
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