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Miguel Cordon · · 1 min read

Indian personal loans firm banks $80m from MUFG, others

KreditBee is an instant personal loan platform for young professionals. The company is headquartered in India.

Funding details

  • Funding amount: $80,000,000
  • Other investors: Premji Invest, Motilal Oswal Alternates, NewQuest Capital Partners, Mirae Asset Venture Investment, MUFG Bank
  • Stage: Series D
  • Source

More details

KreditBee

The company was founded in 2018 by Vivek Veda, Madhusudan E and Karthikeyan Krishnaswamy.

Stage Amount (US$) Investors
Series A $8M Shunwei Capital (顺为资本), Xiaomi (小米科技)
Series B $43M Arkam Ventures, ICICI Bank
Series C $153M Arkam Ventures, Premji Invest, Mirae Asset-Naver Asia Growth Fund, NewQuest Capital Partners ( 新程投资), Motilal Oswal Private Equity (MOPE), SIDBI
Series D $80M Premji Invest, Motilal Oswal Alternates, NewQuest Capital Partners ( 新程投资), Mirae Asset Venture Investment (미래에셋벤처투자), MUFG Bank (Mitsubishi UFJ Bank)
Total $284M

See also: 50 rising startups in India

Editing by Lorenzo Kyle Subido

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Miguel Cordon

Finally updated my bio.