Platform buy-now-pay-after platform Snapmint raised $ 9 million with its series – revenue from a clutch of investors and industry leaders led by Prudent Investment Managers Prastaster Seth.
9Unicorns, Anicut Capital, Negen Capital, Livspace founder Ramakant Sharma, and Open Insights’ Usama Fayyad, among others, also took part in the tour, according to a statement from the city’s start-up company on Tuesday.
Fintech’s platform has more than four million customers, most of them from small towns, and more than 27,000 PINs.
With the investment, Snapmint plans to expand its retail network, open the suit to new products and add customers, he said.
Snapmint was founded in 2017 with IIT Bombay party partners Nalin Agrawal, Anil Gelra, Abhineet Sawa, and Rahul Agarwal.
The $ 810 billion real estate market is the fourth largest in the world, and potential credit facilities will continue to grow this market.
According to a report by Bain & Co, in 2021, 80 percent of e-retail consumer growth in small towns would grow.