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      KreditBee's Logo

      KreditBee

      Overview Fundraising Founders & Team

      Overview

      Location

      India

      Launched

      2018

      Catagory

      CeFi

      Subcategory

      Lending/Borrowing

      Fundraising Round

      Series D

      Valuation

      --

      Cumulative Amount

      $200M

      About KreditBee

      KreditBee is a FinTech Platform which offers instant personal loan to professionals, where they can avail loans up to ₹3 lakhs as per their requirement. With a strong focus on online tech-based and data-centric KYC, KreditBee envisions to solve the financial inclusion gap in the varied demographic segments of the country. The platform is backed by a Systemically Important NBFC Krazybee Services Private Limited, registered with RBI since May 2017, as well as various debt & platform partners. KreditBee is a brand of Finnovation Tech Solutions Pvt Ltd and is currently a Series-C funded entity with a cumulative fundraise of over USD 200 Million. It is backed by some key VC firms and investment entities like Azim Premji’s Premji Invest, Motilal Oswal Private Equity, TPG-backed NewQuest, South Korea’s Mirae Asset Venture, and US-based Alpine Capital. Some other marquee investors include ICICI Bank, Arkam Ventures and SIDBI’s investment arm IndiaSME Investments. Also, it has various debt partners like AU Small Finance Bank, HSBC, Fullerton, and IIFL. Currently, it has 5 million loan customers, out of which over 2 million are active loan customers.

      Fundraising

      Series D
      Date: January 6, 2023
      Amount: $200M
      Valuation: --
      InvestorsTypeLocationYear Founded# Portfolio CompaniesEmail AddressSocials
      FundUnited States of America 1984 2--
      FundJapan 1974 2--
      FundIndia -- 2--
      CorporateIndia 1987 1--
      CorporateHong Kong 2011 1--
      FundKorea (the Republic of) 1997 10--

      Founders & Team

      Madhusudan E's Logo

      Madhusudan E