Snapmint - About the company
Snapmint is a series B company based in Mumbai (India), founded in 2017 by Anil Gelra, Abhineet Sawa, Sanket Sushilkumar Parekh and Rahul Agarwal. It operates as an Online retailer of electronics, appliances, fashion, and home and kitchenware. Snapmint has raised $181M in funding from investors like Kae Capital, General Atlantic and Lead Angels, with a current valuation of $*****. The company has 51 active competitors, including 10 funded and 8 that have exited. Its top competitors include companies like axio, SBI Card and ZestMoney.
Company Details
Online retailer of electronics, appliances, fashion, and home and kitchenware. It provides options for customers to purchase items using installment plans. The business facilitates online sales and fraud detection for merchant partners. It offers options for payment and delivery of purchased goods.
- Website
- snapmint.com
- Social
- Email ID
- *****@snapmint.com
- Phone Number
- +91 **********
- Registered Address
- Office No. 201, 2nd Floor, C-Wing, Neelkanth Business Park, Nr. Vidyavihar Station, Vidyavihar (West), Mumbai - 400086, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400086
Key Metrics
Founded Year
2017
Location
Mumbai, India
Stage
Series B
Total Funding
$181M in 19 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 30, 2025
Investors
Ranked
1st among 51 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
98 as on Aug 31, 2025
Legal entities associated with Snapmint
Snapmint is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SNAPMINT FINANCIAL SERVICES PRIVATE LIMITED CIN: U65999MH2019PTC321095 , United States, Active | Feb 12, 2019 | ₹50 - ₹100 Cr (As on Mar 31, 2024) | 216 (As on Aug 31, 2025) | - |
SNAPMINT CREDIT ADVISORY PRIVATE LIMITED CIN: U72200MH2017PTC300126 , India, Active | Sep 26, 2017 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 386 (As on May 01, 2026) |
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Snapmint's funding and investors
Snapmint has raised a total funding of $181M over 19 rounds. Its first funding round was on Nov 20, 2017. Its latest funding round was a Series A round on 2025 for $*****. 1 investor participated in its latest round. Snapmint has 58 institutional investors and 121 angel investors.
Here is the list of recent funding rounds of Snapmint:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2025 | 6344 | Series A | 9427 | 7324 | 5705 | 7694 |
May 03, 2025 | 7875009 | Series B | 6150290 | 7251923 | 6007749 | |
Dec 12, 2024 | 2723446 | Series A | 1910699 | 1423617 |
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Snapmint's founders and board of directors
Founder? Claim ProfileThe founders of Snapmint are Anil Gelra, Abhineet Sawa, Sanket Sushilkumar Parekh and Rahul Agarwal.
Here are the details of Snapmint's key team members:
- Anil Gelra: Co-Founder of Snapmint and founder of 2 other companies, Snapmint for Business and HolaChef. They are also an angel investor in 8 startups.
- Abhineet Sawa: Co-Founder of Snapmint and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 phone number
- Sanket Sushilkumar Parekh: Co-Founder of Snapmint. They are also an angel investor in 1 startup.
- Rahul Agarwal: Co-Founder of Snapmint.
Snapmint's Board of Directors
Snapmint's board has 6 active members. Nalin Agrawal, Prashasta Seth, Krishnavataram Venkata Vinjamuri, Shantanu Rastogi and Anil Gelra Kumar are part of team and Suresh Ravindranath Pai is independent board member.Here is the list of Snapmint's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 9m | |
Team | - | Current | 0y 8m | |
vjz{csj | Team | - | Past | 8y 6m |
Investor | Prudent Investment Managers | Current | 5y 6m | |
eyyzhbt | Investor | etumumo | Past | 3y 3m |
pyfey{m | Investor | - | Past | 3y 7m |
tqp{lcn | Independent board member | - | Past | 7y 6m |
View details of Snapmint's Founder profiles and Board Members
Snapmint's employee count trend
Snapmint has 98 employees as of Aug 25. The total employee count is 75.0% more than what it was in Aug 24. Here is Snapmint's employee count trend over the years:
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Snapmint's Competitors and alternates
Top competitors of Snapmint include axio, SBI Card and ZestMoney. Here is the list of Top 10 competitors of Snapmint, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of electronics, appliances, fashion, and home and kitchenware | $181M | 76/100 | ||
2nd | Provider of an online lending platform offering point of sale financing | $206M | 75/100 | ||
3rd | Provider of credit card services, including rewards, offers, and online payments | $68.5M | 74/100 | ||
4th | Online platform offering point-of-sale financing | $151M | 70/100 | ||
5th |  Next 1982, Leicester (United Kingdom), Public | Online retailer of apparel, accessories, homeware, beauty, and furniture | - | 69/100 | |
6th | Online retailer of fashion, home, kitchen, health, and sports products | $250M | 66/100 | ||
7th | _1580719896785.png?devicePixelRatio=2&height=30&width=30){kind=logo} PayJoy 2015, San Francisco (United States), Series C | Online platform for purchase financing | $205M | 66/100 | |
8th | Provider of an online marketplace platform for purchase financing | $83M | 60/100 | ||
9th | Provider of digital payment solutions, including deferred payment and personal loans | - | 54/100 | ||
10th | Provider of fintech platform enabling instant equated monthly installment solutions for consumers | $1.78M | 51/100 |
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Snapmint's Latest cap tables and shareholding
Founders own 18.64%, Funds (largest shareholder) own 43.60%, Enterprises own 7.77% and Angels own 19.06%. The net worth of Snapmint's founders is INR 302Cr as of Oct 30, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 18.64% | 302Cr | 9518482 | 8100851 | 2648413 | 8819017 |
885693 | 375646 | 138901 | 878402 | 426561 | 732875 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Fund | 43.60% | 706Cr | 2548600 | 4213079 | 8825620 | 5133040 |
6267312 | 7599469 | 2616046 | 5075788 | 6985222 | 8298360 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 7.77% | 126Cr | 3077429 | 3543183 | 1955042 | 6235820 |
Angel | 19.06% | 308Cr | 8050060 | 2318863 | 6489286 | 6820656 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 0.67% | 10.8Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 7.81% | 126Cr | 1026726 | 8559400 | 5069128 | 9505120 |
Other Investors | 2.46% | 39.9Cr | 33 | 53 | 71 | 95 |
Total | 100.00% | 1,620Cr | 6794285 | 5046204 | 3882933 | 9754099 |
To unlock detailed Cap Table of Snapmint Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Snapmint's Shareholding
Snapmint's Investments and acquisitions
Snapmint has made no investments or acquisitions yet.
Reports related to Snapmint
Here is the latest report on Snapmint's sector:
News related to Snapmint
Filter this listMedia has covered Snapmint for a total of 11 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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Early-stage funding value ticks up 46%, but numbers decreaseIndiatimes•Mar 31, 2026•Saarathi Finance, Ecofy, Snapmint
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Flight to quality: Growth-stage funding consolidates for a fewFinancial Express•Dec 14, 2025•Snapmint, InsuranceDekho
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Kae Capital's maiden fund gains from Porter & HealthKart exitsLivemint•Nov 11, 2025•RecommerceX, HealthKart, CertaSite, Foxtale and 10 others
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Snapmint raises $125 million from GA, othersIndiatimes•Oct 31, 2025•Snapmint, General Atlantic, Elev8, Prudent Investment Managers and 5 others
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Snapmint to raise $37.5 Mn in Series B led by General AtlanticStartupNews•Oct 28, 2025•General Atlantic, Kae Capital, Snapmint
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VC-backed Snapmint gears up for big-ticket round; appoints bankerVCCircle•Sep 10, 2025•Anicut Capital, Snapmint
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Snapmint’s Buy Now Pay Later is Now Available on Razorpay CheckoutRazorpay•Sep 01, 2025•Razorpay, Snapmint
•
Snapmint Secures $40M Funding to Revolutionize Personalized Lending in IndiaLeadsOnTrees•Jun 11, 2025•Snapmint
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