KreditBee is a lending technology startup that has raised US$280 million in its Series E funding round. The company is now valued at US$1.5 billion.
The funding round was led by Motilal Oswal Alternates, Hornbill Capital, and MUFG-backed Dragon Funds, with support from investors like WhiteOak Capital, A.P. Moller Holding, Premji Invest, and Advent International.
The startup will use the new funding to grow its lending business, improve its technology, and expand its AI features. This will help it better understand risk and offer more personalized financial products.
KreditBee was founded in 2016 by Madhusudan E, Karthikeyan Krishnaswamy, and Vivek Veda. It provides digital loans through its RBI-registered company, KrazyBee Services Limited, and also works with more than 10 financial institutions.
The platform has crossed 230 million app downloads and serves over 18 million unique loan customers. It has given out more than 60 million loans across India.
As of March 2026, the company manages assets worth $1.5 billion. It offers different services like personal loans, business loans, loans against property, two-wheeler loans, credit reports, and UPI-based products.
The funding comes as KreditBee prepares for an IPO, after getting approval from its board last year to become a public company.
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