KreditBee
About
KreditBee is a digital lending platform developed to assist young professionals with their personal finances.
- Bangalore,Karnataka,India
- 501 - 1000
- https://www.kreditbee.in
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
| 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 |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Advent International
|
Yes | Series D |
|
PremjiInvest
|
Yes | Series D |
|
India SME Investments
|
Yes | Series Unknown |
|
Motilal Oswal Private Equity
|
Yes | Series C |
MUFG
|
— | Series D |
Mirae Asset Venture Investment
|
— | Series D |
Motilal Oswal Alternates
|
— | Series D |
MUFG Bank
|
— | Series D |
|
NewQuest Capital Partners
|
— | Series D |
Alpine Capital
|
— | Series C |
Employee Profiles
