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KreditBee is a platform facilitating the loan transactions between the borrowers and the NBFCs/Banks.
Basic Information
Founded in 2018, fintech player KreditBee has been helping professionals with personal loans and financial services. As a fintech platform, KreditBee has disbursed over $2 billion worth of loans in the last three years, has over five million credit borrowers, and issues over 15,000 loans per day. To push consumption and provide customers with sensible offers, the startup introduced KreditBee cards. KreditBee launched cards towards the end of August and is presently issuing over 5,000 cards daily. In addition, the company is also launching BNPL, or Buy Now Pay Later, in integration with multiple payment gateways and merchants. Apart from lending, financial services are also a key business line for KreditBee. The company has a SaaS platform to provide API services to multiple fintech companies and brands.
Legal Name
:
Finnovation Tech Solutions Pvt. Ltd.
Headquarters
:
Bengaluru, Karnataka, India
Business Model
:
B2C  
Founding Date
:
2018
No. of Employees
:
1000+
Core Team
:
1.  
Karthikeyan Krishnaswamy
Co-Founder & CTO
2.  
Madhusudan Ekambaram
Co-Founder & CEO
3.  
Vivek Veda
Co-Founder & CFO
Funding

Total Funding

$204.0M

Investors
:
1.  
Arkam Ventures
2.  
India SME Investment
3.  
Motilal Oswal Private Equity
4.  
NewQuest Capital Partners

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Detail Round Breakdown
Round 1
Round 2

$80M

Series Name
:
SERIES-D
Date
:
2nd Dec 2022
Investors
:
1.  
PremjiInvest
2.  
NewQuest Capital Partners
3.  
Mirae Asset Venture Investment
4.  
Motilal Oswal Private Equity

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