Funding Rundown: Volopay raises $29M in Series A from Winklevoss twins, Kuhoo raises $20M seed fund & Social currency card startup WYLD gets $350K
Summary
With a 150+ member team in Singapore, Australia, India, Indonesia, and the Philippines, Volopay’s clientele included the likes of CoinDCX, Livspace, MPL, InVideo, and MX Media. Snapmint, a fintech startup has raised $9 million in its Series A funding from a clutch of marquee investors and industry leaders led by Prashasta Seth, CEO and CIO of Prudent Investment Managers. With this round of investment, the startup plans to expand its network of merchants, launch a suite of innovative BNPL products and power the purchases of over 450 million consumers in India, it said. The round also saw participation from entrepreneurs such as Aman Gupta and Sameer Mehta of Image Marketing that sells boAt products, Aditi Shrivastava (Pocket Aces), Malini Agarwal (Miss Malini), Nikunj Lotia (BeYouNick), Pranay Swarup and Julie Kriegshaber (Chtrbox), Rohit Raj (The Glitch), Ankit Kedia (Capital-A), Singularity Ventures, Ganesh Krishnan (Plan B Innovations), Shrishti Sahu, Karthik Bhatt (Force Ventures) and others. Some of its key clients include ICICI Infrastructures, Heritage Experiential International School, Jayadeva Hospital, and SELCO Foundation for numerous healthcare projects.