KreditBee

company

About

KreditBee is a digital lending platform developed to assist young professionals with their personal finances.

Details

Last Funding Type
Series D
Last Funding Money Raised
₹6.52B
Industries
Financial Services,FinTech,Internet,Lending,Personal Finance
Founded date
May 1, 2018
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Finnovation Tech Solutions Pvt. Ltd.

KreditBee is a personal loan platform for young professionals, where they can apply for Salary Advance up to ₹ 1 Lac as per their requirement. The documentation is very minimal, and the entire process starting from registration to disbursement does not take more than 15 minutes. The application process is completely online, and on approval, the cash is immediately transferred to the bank account of the user.

KreditBee facilitates the loan transactions between the borrowers and the NBFCs/Banks. All loan applications are approved and sanctioned by NBFCs/Banks registered with RBI and communicated upfront during Loan application.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
₹27.43B
KreditBee has raised a total of ₹27.43B in funding over 2 rounds. Their latest funding was raised on Jan 6, 2023 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 6, 2023 Series D ₹9.79B 2 Advent International Detail
Dec 2, 2022 Series D ₹6.52B 5 PremjiInvest Detail
Jun 2, 2021 Series Unknown ₹600M 1 India SME Investments Detail
Mar 22, 2021 Series C ₹5.06B 2 Motilal Oswal Private Equity
NewQuest Capital Partners
Detail
Feb 15, 2021 Series C ₹5.45B 4 Detail

Employee Profiles

Number of Employee Profiles
4
KreditBee has 4 current employee profiles, including Executive Madhusudan Ekambaram
Employee
Executive