When was Snapmint founded?

Snapmint was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Snapmint located?

Snapmint is headquartered in Mumbai, India. It is registered at Office No. 201, 2nd Floor, C-Wing, Neelkanth Business Park, Nr. Vidyavihar Station, Vidyavihar (West), Mumbai - 400086, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400086.

Which legal entities is Snapmint associated with?

Snapmint is associated with SNAPMINT CREDIT ADVISORY PRIVATE LIMITED and 1 other.

How many employees does Snapmint have?

As of May 31, 2026, the latest employee count at Snapmint is 506.

Is Snapmint a funded company?

Snapmint is a funded company, having raised a total of $181M across 19 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 20, 2017.

How much is Snapmint worth?

The latest valuation of Snapmint is $***** as of Oct 30, 2025.

When was the latest funding round of Snapmint?

Snapmint's latest funding was a $***** Series A round on 2025, with participation from 1 investor.

What is the annual revenue of Snapmint?

Annual revenue of Snapmint is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Snapmint rank among its competitors?

Snapmint ranks 1st amongst 55 active competitors, of which 10 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was PayJoy, which secured $140M in Dec, 2025.

Who are the top competitors of Snapmint?

Snapmint's top competitors include ZestMoney, axio and Next. Among them, PayJoy secured the most recent funding round in December, 2025.

Snapmint - 2026 Company Profile, Team, Funding, Competitors & Financials

Snapmint is a series B company based in Mumbai (India), founded in 2017 by Anil Gelra, Abhineet Sawa, Rahul Agarwal, 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 55 active competitors, including 10 funded and 6 that have exited. Its top competitors include companies like ZestMoney, axio and Next.

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

Series A, 2025, $*****

Post Money Valuation

$***** as on Oct 30, 2025

Investors

Kae Capital & 179 more

Ranked

1^st among 55 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

506 as on May 31, 2026

Similar Companies

MercadoLibre & 1133 more

View Snapmint's full profile

Snapmint is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SNAPMINT FINANCIAL SERVICES PRIVATE LIMITED CIN: U65999MH2019PTC321095 , United States, Active	Feb 12, 2019	₹50 - ₹100 Cr (As on Mar 31, 2024)	120 (As on May 31, 2026)	-
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)

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 59 institutional investors and 121 angel investors.

Here is the list of recent funding rounds of Snapmint:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2025	9855	Series A	3850	6678	9745	2077
May 03, 2025	7916145	Series B	8485965	7258778	7684812	Prudent Investment Managers & 51 more
Dec 12, 2024	5229321	Conventional Debt	9385298	8937016	5171562	Prashasta Seth & 2 more

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View details of Snapmint's funding rounds and investors

The founders of Snapmint are Anil Gelra, Abhineet Sawa, Rahul Agarwal, 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.
Contact Info: 1 email address
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 boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Rahul Agarwal: Co-Founder of Snapmint and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses
Sanket Sushilkumar Parekh: Co-Founder of Snapmint. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Rahul Agarwal: Co-Founder of Snapmint.
Contact Info: 1 email address

Snapmint's Board of Directors

Snapmint's board has 6 active members. Nalin Sunil 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
Nalin Sunil Agrawal	Team	-	Current	9y 1m
Anil Gelra Kumar	Team	-	Current	1y 4m
xxokfof	Team	-	Past	1y 2m
Prashasta Seth	Investor	Prudent Investment Managers	Current	5y 10m
ygabfzl	Investor	axfpxwl	Past	1y 5m
gfktzwp	Investor	-	Past	2y 9m
stasfqq	Independent board member	-	Past	1y 8m

View details of Snapmint's Founder profiles and Board Members

Snapmint's employee count trend

Snapmint has 506 employees as of May 26. The total employee count is 109.0% more than what it was in May 25. Here is Snapmint's employee count trend over the years:

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Top competitors of Snapmint include ZestMoney, axio and Next. Here is the list of Top 10 competitors of Snapmint, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Snapmint 2017, Mumbai (India), Series B	Online retailer of electronics, appliances, fashion, and home and kitchenware	$181M	Kalysta Capital, General Atlantic & 178 others	77/100
2nd	ZestMoney 2015, Delhi (India), Acquired	Online platform offering point-of-sale financing	$151M	Quona, Goldman Sachs & 34 others	74/100
3rd	axio 2013, Bengaluru (India), Acquired	Provider of an online lending platform offering point of sale financing	$206M	Amazon, Elevation Capital & 32 others	74/100
4th	Next 1982, Leicester (United Kingdom), Public	Online retailer of apparel, accessories, homeware, beauty, and furniture	-	Western Technology Investment, Bridgepoint Group ... & 1 others	71/100
5th	PayJoy 2015, San Francisco (United States), Series C	Online platform for purchase financing	$205M	Compound, Union Square Ventures & 32 others	68/100
6th	ShopClues 2011, Gurugram (India), Acquired	Online retailer of fashion, home, kitchen, health, and sports products	$250M	Helion Venture Partners, GIC & 10 others	60/100
7th	ONEMi 2011, Chennai (India), Series A	EMI based purchase loan provider	$5M	-	55/100
8th	Simpl 2015, Bengaluru (India), Deadpooled	Provider of an online marketplace platform for purchase financing	$83M	Green Visor Capital, IA Ventures & 41 others	55/100
9th	LazyPay 2017, Mumbai (India), Funding Raised	Provider of digital credit and payment solutions	-	Prosus	49/100
10th	Paytail 2020, Delhi (India), Seed	Provider of fintech platform enabling instant equated monthly installment solutions for consumers	$1.78M	Cholamandalam Investment and Finance Company ... & 5 others	49/100

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Looking for more details on Snapmint's competitors? Click here to see the top ones

SNAPMINT CREDIT ADVISORY PRIVATE LIMITED, the legal entity associated with Snapmint, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of SNAPMINT CREDIT ADVISORY PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 71% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	8144	3284	2729	8120	2551
Total Sales	4702	8997	7218	6329	2529
Total Expenses	2420	5494	4727	2910	7872
Operating Expenses	4528	8377	5560	8564	2623
Employee Expenses	8044	5285	8400	4669	3701
Operating Income (EBIT)	1642	8847	1728	6368	7426
Interest Expenses	1764	5909	2882	9850	6825
Expenses from other activities	1955	5021	8603	2966	7810
EBITDA	8076	4440	6393	7693	4722
Taxes	2042	2948	9305	7522	9619
Net Profit	3608	7891	9566	6435	9696
Balance Sheet
Assets	6876	5348	9418	8536	4241
Accounts Receivables	4761	2627	6881	4696	7695
Inventory	4748	9166	2063	8386	3635
Liabilities	4425	4921	7063	3332	7309
Total Debt	4549	8711	5015	8902	8348
Accounts Payable	8029	1613	6846	8029	4104
Equities	6001	7838	9675	9731	8882

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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. The cap table displayed below is for SNAPMINT CREDIT ADVISORY PRIVATE LIMITED which is the legal entity associated with Snapmint.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	18.64%	302Cr	7012056	6570057	6675441	9030233
Anil Gelra	162468	312504	137971	876569	679447	718123
Abhineet Sawa	0	0	0	0	0	0
Sanket Sushilkumar Parekh	0	0	0	0	0	0
Fund	43.60%	706Cr	6545813	9480337	8094743	4528732
General Atlantic	4783743	7459165	7790952	9738471	7667034	7483374
Elev8 Venture Partners	0	0	0	0	0	0
Enterprise	7.77%	126Cr	9094153	5386249	5699301	1299380
Angel	19.06%	308Cr	4770742	9525011	8861710	3816472
Vinay Prakash Ahuja Jointly With Hema Ahuja	0	0	0	0	0	0
Vaibhav Dungarsingh Porwal	0	0	0	0	0	0
Other People	0.67%	10.8Cr	0	0	0	0
ESOP Pool	7.81%	126Cr	1241851	5191422	4492751	3427066
Other Investors	2.46%	39.9Cr	78	37	11	13
Total	100.00%	1,620Cr	6970055	4812887	5248292	1533358