Team members at a lending tech startup collaborate in a busy office environment.
Lending tech startup KreditBee has entered the unicorn club, securing $280 million (₹2,595 Cr) in its Series E funding round. The investment values the company at $1.5 billion post-money, making it the second unicorn of 2026 after Juspay.
The funding 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 Premji Invest and Advent International.
This capital infusion comes as KreditBee prepares for a potential IPO, having already received board approval to convert into a public entity last year.
KreditBee plans to use the funds to expand its lending portfolio, strengthen its market presence, and enhance its technology stack. A significant portion of the investment will be allocated to scaling AI capabilities to improve risk assessment and personalize financial offerings.
Founded in 2016 by Madhusudan Ekambaram, Vivek Veda, and Karthikeyan Krishnaswamy, KreditBee operates its lending services through its NBFC, KrazyBee Services Pvt Ltd.
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