Snapmint raises $125 million for EMI-on-UPI expansion
Fintech startup Snapmint, founded by Nalin Agrawal, Anil Gelra and Abhineet Sawa, has raised $125 million led by General Atlantic, with participation from Kae Capital, Prudent Investment Managers and Elev8 Venture Partners. The funds will help scale its EMI-on-UPI platform, expand its merchant base across 23,000 pincodes, and enhance risk and underwriting systems.