The round was led by Motilal Oswal Alternates, Hornbill Capital, and MUFG-backed Dragon Funds. Other participants included WhiteOak Capital, A.P. Moller Holding, Premji Invest, and Advent International.
The company plans to deploy the fresh capital to expand its lending portfolio, strengthen its presence in key markets, and enhance its technology infrastructure.
A significant portion of the investment will go toward scaling artificial intelligence capabilities to improve risk assessment, expand credit access, and deliver more personalised financial solutions.
Founded in 2016 by Madhusudan E, Karthikeyan Krishnaswamy, and Vivek Veda, KreditBee operates digital lending services through its RBI-registered NBFC, KrazyBee Services Limited. It also partners with more than 10 financial institutions through co-lending arrangements.
KreditBee has witnessed rapid growth in recent years:
Its product offerings include personal loans, business loans, loans against property, and two-wheeler financing, along with credit report services and UPI-based products.
The company previously raised $100 million in January 2023 as part of an extended Series D round led by Advent International, at a valuation of around $700–800 million.
In April 2024, reports indicated that KreditBee was planning to shift its domicile from Singapore to India, a move seen as part of its preparations for a potential public listing.
With this funding round, KreditBee becomes the third unicorn of 2026, following Neysa, which achieved unicorn status in February, and Juspay, which crossed a $1 billion valuation after a $50 million round led by WestBridge in January.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 9, 2026, 10:41 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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