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KreditBee, Indian fintech platform that deals in offering instant personal loans, has $80 million as a part of its ongoing Series D round.
/PRNewswire/ -- The "Payday Loans Market by Type (Storefront payday loans and Online payday loans) and Geography (North America, Europe, APAC, South America,...
This partnership is a step ahead in building a strong partnership with partners who have demonstrated distribution at scale, and risk management capabilities along with their technology prowess.
Synopsis The funding is part of a Series C round, in which Kreditbee earlier this year raised about $145 million from the likes of Premji Invest, Mirae Asset Ventures, TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity. Getty Images KreditBee specialises in offering personal loans through its digital platform to blue-collar workers and the self-employed. Mumbai:KreditBee has raised Rs 60 crore (about $8 million) in equity and debt from SIDBI’s investment arm—India SME Investments, the The funding is part of its Series C round, in which the startup earlier this year rai...
SIDBI backed India SME Investments focuses on investing in early-growth companies, primarily operating in Tier 2/3 cities, targeting the lower and middle class segment and benefiting from changing consumer preferences.