Business Development Intern - Banking Partnerships

About Snapmint

Founded by serial entrepreneurs from IIT Bombay, Snapmint is challenging the way banking is done by building the banking experience from the ground up. Our first product provides purchase financing at 0% interest rates to 300 million banked consumers in India who do not have credit cards — using instant credit scoring and advanced underwriting systems. We look at hundreds of variables, far beyond traditional credit models. With real-time credit approval, seamless digital loan servicing, and repayments technology, we are revolutionising the way banking is done for today's smartphone-wielding Indian.

https://snapmint.com/

Leadership

Nalin, Anil and Abhineet are IIT Bombay alumni and serial entrepreneurs. Their success stories include — Oyo, Ola, Holachef, Inrea, and Sodel Solutions. Since 2008, the focus has been on solving big data problems, real-time predictive technologies and algorithms — primarily in AdTech, Consumer Marketing, Media, and growing eCommerce brands.

Role Overview

This is a hunting-focused business development role responsible for identifying, pitching, and closing new partnerships - Banks - for Snapmint's UPI credit products.

Key Responsibilities

• Identify and prospect potential new partners banks – PSUs, Private and SFBs for Snapmint's Credit Line on UPIas well as few other UPI payment product. Key would be to identify the champion within the institution to navigate.

• Be up to date with all the product innovations, traction in the market building on credit line on upi.

• Build and manage a pipeline of partnership opportunities with banks.

• Prepare and deliver pitches and proposals to prospective partners, senior stakeholders of the bank.

• Manage follow up tracks, lots of relationship building across external stakeholders through in-person meetings and conversations.

• Collaborate with internal teams to follow through with the drill of partnership evaluation.

• Represent Snapmint at industry events and forums to build the partner relations.