Snapmint secures $125M Series B, leading Indian startup funding wave

Snapmint raised $125 million in Series B funding, led by General Atlantic, driving total Indian startup funding to $371 million for the week. The capital will be used to scale operations, enhance product offerings, and expand market reach. Investors remain confident in India’s fintech ecosystem, with innovative platforms like Snapmint demonstrating traction among consumers. Analysts note that funding patterns reflect growing global interest in early-stage startups with scalable digital solutions. The round strengthens Snapmint’s competitive positioning and signals broader optimism in India’s venture capital environment.