Free Snipping Tool works flawlessly on latest Windows 11. You can download the latest version here:
Download Free Snipping for Windows 11
After downloading and installing, the setup creates two shortcuts. One on Desktop and one in Start Menu. You can use these shortcuts to start snipping.
Installation Path in Windows 11
The default installation of Free Snipping Tool on Windows 11 is determined when it's first installed. By default, it is set to be installed in AppData folder if you don't choose to change it.
C:\Users\<UserName>\AppData\Roaming\Free Snipping Tool\App\