KreditBee has raised $280 million in its Series E funding round at a post money valuation of $1.5 billion, entering the unicorn club. It is the second startup in 2026 to reach this milestone after Juspay. The funding reflects continued investor activity in India’s fintech sector, particularly in digital lending, which remains one of the more active segments for deal flow.
As per reports, the round was led by Motilal Oswal Alternates, Hornbill Capital, and MUFG backed Dragon Funds, with participation from WhiteOak Capital, A.P. Moller Holding, Premji Invest, and Advent International.
The funding comes as the Bengaluru based startup prepares for an IPO. It had earlier received board approval to convert into a public entity. KreditBee plans to use the capital to expand its lending portfolio, strengthen its presence in existing markets, and invest in its technology stack. It will also focus on scaling its AI capabilities for risk assessment, credit distribution, and personalised financial offerings.
Founded in 2016 by Madhusudan Ekambaram, Vivek Veda, and Karthikeyan Krishnaswamy, KreditBee offers personal loans, business loans, loans against property, and two wheeler loans through its NBFC arm, KrazyBee Services. It also provides services such as credit reports and UPI based offerings.
The company reports over Rs 23 crore app downloads and more than Rs 20 crore registered users, with Rs 1.8 crore unique loan customers and over Rs 6 crore loans disbursed to date. With this round, KreditBee’s total funding stands at around $642 million. It becomes the 128th Indian startup to enter the unicorn club.
