Dailyhunt Logo
News|Video|Viral
  • Light mode
    Follow system
    Dark mode
    • Play Story
    • App Story
KreditBee raises $280M, joins unicorn club at $1.5B valuation

KreditBee raises $280M, joins unicorn club at $1.5B valuation

NewsBytes 2 months ago
Bengaluru-based fintech start-up KreditBee has joined the unicorn club after raising $280 million in a pre-IPO round. The consumer lending company is now valued at $1.5 billion post-money.
The funding was led by Motilal Oswal Alternates, Hornbill Capital, and MUFG-backed Dragon Funds. Existing investors Premji Invest and Advent International also participated in this round along with WhiteOak Capital and A.P. Moller Holding. With this latest investment, KreditBee's total funding has reached approximately $540 million.
NewsBytes

NewsBytes

35k followers241k Stories

Dailyhunt
Disclaimer: This content has not been generated, created or edited by Dailyhunt. Publisher: NewsBytes