KreditBee has raised $280 million in a Series E round, reaching a valuation of $1.5 billion and becoming the first unicorn of FY27. The round was led by Motilal Oswal Alternates, Hornbill Capital, and Dragon Funds, with participation from WhiteOak Capital, A.P. Moller Holding, Premji Invest, and Advent International.
Founded in 2016 by Madhusudan E, Karthikeyan Krishnaswamy, and Vivek Veda, the company operates via its RBI-registered NBFC, KrazyBee Services Limited. The fresh capital will be used to expand lending operations, strengthen market presence, and enhance its AI-led technology stack for better risk assessment and personalised offerings.
With over 230 million app downloads, 18 million loan customers, and 60 million loans facilitated, KreditBee manages $1.5 billion in AUM as of March 2026. Its portfolio spans personal, business, LAP, and two-wheeler loans, alongside credit and UPI services.
“This milestone reflects strong investor confidence in our mission to make credit accessible at scale. By embedding AI deeper into our platform, we aim to enhance underwriting precision and deliver a faster, more intuitive customer experience,” said Madhusudan E, Co-founder and CEO, KreditBee.
