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SCOOP: BNPL startup Snapmint is raising $40 Mn in a new round led by General Atlantic. The company is likely to be valued between $150-160 Mn (pre-money). According to TheKredible, Snapmint posted Rs 88.56 Cr in revenue and Rs 34 Cr loss in FY24. 1/2

PhonePe, Google Pay reach peak UPI volumes in May; Super.money maintains lead over CRED Current market share of top 5 UPI apps by volume: ◾PhonePe: 46.47% ◾Google Pay: 36% ◾Paytm: 6.84% ◾Navi: 2% ◾Super.money: 1% entrackr.com/news/phonepe-g…

Decoding Groww’s $200 Mn pre-IPO funding round ✍️ Kunal Manchanda entrackr.com/news/decoding-…

MakeMyTrip to raise $2.5 Bn to halve Chinese investor Trip.com’s stake ✍️ Kunal Manchanda entrackr.com/news/makemytri…

GlobalBees faces insolvency plea from directors of Kuber Industries ◾GlobalBees is an investor in Kuber Industries, having infused Rs 50 crore in June 2022. ✍️ Kunal Manchanda entrackr.com/news/globalbee…

Schroder Fund enters Ixigo via Elevation Capital stake acquisition ◾Elevation Capital (formerly SAIF Partners) sold Rs 135 Cr ($15.7 million) worth of shares in Ixigo via block deals. ✍️ Kunal Manchanda entrackr.com/news/schroder-…

Dharmil Sheth, Dhaval Shah, and Hardik Dedhia, co-founders of PharmEasy, have launched All Home, a platform for architectural and interior design products. ◾All Home has raised its maiden funding led by Bessemer at $120 Mn valuation. ✍️ Harsh Upadhyay entrackr.com/news/pharmeasy…

Stock trading app Sahi raises $10.5 Mn led by Accel and Elevation => Sahi was launched by former Swiggy CTO Dale Vaz and ex-Kotak Securities executive Manish Jain. => The company raised seed funding soon after launch in Sept 2023 => Vaz left Swiggy in April 2023.

Battery Smart’s extended Series B round pushes valuation to $450 Mn ✍️ Kunal Manchanda entrackr.com/news/battery-s…

Pine Labs files DRHP; Peak XV emerges as lead seller in OFS ✍️ Kunal Manchanda entrackr.com/news/pine-labs…

Wakefit files DRHP to raise Rs 468 Cr via fresh issue ✍️ Kunal Manchanda entrackr.com/news/wakefit-f…

Eggoz has raised fresh funding after a 2.5-year hiatus. ➡️ The new round pegs its valuation at around Rs 480–500 crore. ➡️ Stats for FY24: Revenue: Rs 73.1 crore ⏫ 36% YoY Loss: Rs 25 crore ⏬25% YoY