The round was led by Motilal Oswal Alternates, Hornbill Capital, and MUFG-backed Dragon Funds, with participation from WhiteOak Capital, A.P. Moller Holding, and existing investors including Premji Invest and Advent International.

Co-founded by Madhusudan E., Karthikeyan Krishnaswamy and Vivek Veda in 2016, KreditBee delivers credit through its RBI-registered NBFC, KrazyBee Services Limited, along with co-lending partnership with over 10 financial institutions.

The platform offers a range of loan products, including personal loans, business loans, loans against property (LAP), and two-wheeler loans. In addition, it provides value-added services such as credit report solutions and UPI-based offerings.

This fundraise comes as the firm continues to strengthen its business and technology capabilities ahead of its next phase of growth and potential public market plans.

KreditBee said the fresh capital will be deployed to expand its lending portfolio, deepen its presence across key markets, and further strengthen its technology platform.

As part of its next phase of growth, the firm plans to scale its AI capabilities to drive sharper risk assessment, improve credit penetration, and enable more personalised financial offerings across customer segments.

'This fundraise marks an important milestone in our growth journey. The strong interest from new investors, along with continued participation from our existing investors reflects deep confidence in our business model and our mission to make credit accessible to millions of Indians. We are increasingly embedding AI into the core of our lending stack to enhance underwriting precision, strengthen risk controls, and deliver a faster, more intuitive customer experience,' said Madhusudan E, who is also the CEO of KreditBee.

KreditBee claims to have over 18 million unique loan customers and facilitated over 60 million loans across India and manages assets under management (AUM) of $1.5 billion as of March 2026.