KreditBee, an India-based digital lending platform founded in 2016 by Madhusudan E., Karthikeyan Krishnaswamy, and Vivek Veda, has secured USD 280 million in a Series E funding round. This significant investment places KreditBee among the Indian unicorns for the financial year 2027.

The funding was primarily led by Motilal Oswal Alternates, Hornbill Capital, and Dragon Funds supported by MUFG, with additional backing from WhiteOak Capital, A.P. Moller Holding, Premji Invest, and Advent International.

Through its RBI-registered non-banking financial company, KrazyBee Services Limited, as well as co-lending partnerships with over ten financial institutions, KreditBee has provided more than 60 million loans. As of March 2026, the platform manages assets worth USD 1.5 billion and caters to over 18 million unique loan customers, with over 230 million app downloads.

Future Plans and AI Integration

The fresh capital will be allocated towards expanding the lending portfolio, enhancing market penetration, and improving technological infrastructure. A key strategy involves scaling AI to enhance risk assessment accuracy, increase credit accessibility, and provide more tailored financial products across different customer segments.

KreditBee offers a range of loan products including personal loans, business loans, property loans, and two-wheeler loans, alongside supplementary services such as credit report solutions and UPI-based products. The company has gained popularity in both metro areas and Tier-2 and Tier-3 cities, showcasing an expanding digital credit market across various geographical regions.

Madhusudan E., Co-founder and CEO of KreditBee, stated that the continued support from existing investors and fresh interest from new ones highlights the company’s commitment to making financial services more accessible to millions of Indians, with a strong emphasis on integrating AI into its core lending systems.