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Indian BNPL startup Snapmint raises $18m pre-series B
Mumbai-based fintech firm Snapmint secured US$18 million in a pre-series B funding round led by Prashasta Seth of Prudent Investment Managers.
The round involved both debt and equity financing and included participation from Perpetuity Ventures and Pegasus Fininvest.
The capital will support technology upgrades and the introduction of new buy-now-pay-later (BNPL) products.
It will also facilitate broader product offerings and the onboarding of more merchants.
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