Anil Gelra (Snapmint)

Overview

Anil Gelra is an influential figure in the fintech industry, known prominently as a co-founder of Snapmint, a Mumbai-based startup specializing in EMI and installment payment solutions. Founded in 2017 alongside Nalin Agrawal and Abhineet Sawa, Snapmint aims to democratize access to finance by providing no-cost EMI options on a wide range of consumer purchases without requiring credit cards. Anil's role in Snapmint, complemented by his extensive experience in technology and entrepreneurship, has been pivotal to the company's rapid growth and innovative offerings.

Recent Developments

October 2025: Snapmint secured $125 million in funding led by General Atlantic, a notable private equity firm. The funds are earmarked for expanding merchant networks and enhancing their technology infrastructure.
December 2024: Snapmint raised $18 million as a mix of debt and equity to introduce new services and amplify their product suite, indicating strong investor confidence and a robust growth trajectory.
Anil Gelra, through his strategic guidance, has been instrumental in steering Snapmint towards leveraging UPI-based EMI transactions, highlighting a shift towards more inclusive financing options for young, tech-savvy consumers in India.

Personal Information

Attribute	Information
Full Name	Anil Gelra
Born	N/A
Nationality	Indian
Occupation	Entrepreneur, Co-Founder of Snapmint
Known For	Co-founding Snapmint
Education	B.Tech from Indian Institute of Technology, Bombay

Early Life and Education

Anil Gelra's early life and education laid a strong foundation for his entrepreneurial ventures. He pursued his undergraduate studies at the prestigious Indian Institute of Technology, Bombay, where he graduated with a Bachelor’s degree in Technology. His academic background in a world-renowned institution equipped him with technical skills and a problem-solving mindset, critical for his future endeavors in the tech industry.

Career and Notable Achievements

Anil Gelra's career began with roles that honed his skills in technology and entrepreneurship:

Early Career: He worked at Maruti Suzuki and Sodel Solutions, where he gained experience in software development and large-scale application deployment.
Co-founder of Holachef: Before Snapmint, Anil was a co-founder of Holachef, an innovative food tech company. Under his leadership, the app won the best food app award and was part of the Google Launchpad accelerator.
Snapmint: As a co-founder, Anil has helped Snapmint in raising substantial investment over the years, positioning the company as a leader in the EMI and installment payments sector.

Current Work and Impact

Currently, Anil Gelra's focus is on expanding Snapmint's reach and enhancing its technological capabilities. Under his leadership, Snapmint has grown to cater to millions of users across India, offering innovative financial solutions that are transparent and easily accessible. His work at Snapmint is not only transforming the consumer finance landscape but also promoting financial inclusivity by providing options for those without traditional credit histories.

Conclusion

Anil Gelra’s journey from a tech-savvy executive to a pioneering entrepreneur in fintech underscores his vision and commitment to innovation. Through Snapmint, he has enabled millions of users to access financial services, reflecting a significant impact on consumer finance accessibility in India. As he continues to drive Snapmint's growth, Anil Gelra's work will likely leave a lasting legacy in making financial services more democratic and accessible across diverse economic sections.