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The fudning round has been led by Motilal Oswal Alternates, Hornbill Capital, and MUFG-backed Dragon Funds, along with participation from existing backers

The fundraise comes at a time when the fintech startup is preparing for an IPO

Founded in 2016 by Madhusudan Ekambaram, Vivek Veda, and Karthikeyan Krishnaswamy, KreditBee provides loans through its NBFC KrazyBee Services Pvt Ltd

Lending tech startup CreditBee has raised $280 Mn (about ₹2,595 Cr) in its Series E round at a post-money valuation of $1.5 Bn, becoming the second startup to enter the unicorn club in 2026 after Juspay.

KreditBee’s funding round 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 including Premji Invest and Advent International.

The fundraise comes at a time when the fintech startup is preparing for an IPO. Last year, it got approval from its board to convert into a public entity.

The Bengaluru-based startup plans to deploy the fresh capital to expand its lending portfolio, strengthen its presence in existing markets and boost its tech stack. It will also use the funds to scale its AI capabilities, resulting in enhanced risk assessment, more credit adoption, and personalised financial offerings.

Founded in 2016 by Madhusudan Ekambaram, Vivek Veda, and Karthikeyan Krishnaswamy, KreditBee provides loans through its NBFC KrazyBee Services Pvt Ltd.

(The story will be updated soon)