Fintech lender KreditBee has announced that it has secured Rs 60 crore as part of its Series C funding round from SIDBI’s India SME.
KreditBee is for self-employed and salaried professional who can apply for a Personal Loan starting from ₹ 1,000 up to ₹ 2 Lakhs as per their requirement.
The platform has previously raised $70 million more in Series C funding round. The second tranche of Series C funding round was led by NewQuest Capital Partners along with Motilal Oswal Private Equity.
It aim to become the first choice when it comes to quick and convenient Personal Loans.
It offers loans in varying ticket sizes and repayment tenures, to suit all unpredictable financial needs. As an internet platform, it hosts multiple non-banking financial companies (NBFCs) who have a license from the Reserve Bank of India (RBI). This includes KrazyBee Services Private Limited and other platform partners.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.