Snapmint raises $125M to fuel the expansion of Snapmint’s EMI on UPI offering and its merchant network across India

Snapmint raised $125 million led by General Atlantic, joined by Prudent Investment Managers, Kae Capital, and Elev8 Venture Partners. The funds will expand its EMI on UPI and merchant network across India. Serving 7 million users in 23,000 pin codes, Snapmint aims to reach 100 million consumers. Radix Capital Advisors managed the deal.