Digital lending platform KreditBee has raised $280 million in its Series E round at a post-money valuation of $1.5 billion. The round was led by Motilal Oswal Alternates, Hornbill Capital, and MUFG-backed Dragon Funds.
WhiteOak Capital, A.P. Moller Holding, Premji Invest, and Advent International also participated.
The company will use the fresh capital to expand its lending portfolio, deepen its presence across key markets, and strengthen its technology platform. It also plans to scale its artificial intelligence capabilities to improve risk assessment, enhance credit penetration, and deliver more personalised financial products.
Founded in 2016 by Madhusudan E, Karthikeyan Krishnaswamy, and Vivek Veda, KreditBee delivers digital lending through its RBI-registered NBFC KrazyBee Services Limited and works with more than 10 financial institutions through co-lending partnerships.
The platform has crossed 230 million app downloads and serves over 18 million unique loan customers. It has disbursed more than 60 million loans across India and reported assets under management of $1.5 billion as of March 2026. Its product suite includes personal loans, business loans, loans against property, and two-wheeler loans along with credit report services and UPI-based offerings.
KreditBee raised $100 million in January 2023 as part of an extended Series D round led by Advent International. The company was valued at around $700-800 million during that phase.
In April 2024, Entrackr reported that KreditBee planned to shift its domicile from Singapore to India as part of preparations for a potential public listing.
With this latest funding, KreditBee has become the third unicorn of 2026 after Neysa, which turned unicorn in February, and Juspay, which crossed a $1 billion valuation after a $50 million funding round led by WestBridge in January.