Personal loan platform KreditBee has raised Rs 60 crore in its Series C round led by SIDBI’s India SME. The funds will be utilized to expand its lending portfolio by initiating financial services like BNPL and insurance. Earlier this year it had scooped up $145 million from Premji Invest, Mirae Asset and others.
Founded by Madhusudan Ekambaram, the company is providing personal loans for self-employed and salaried professionals, starting from Rs 1,000 upto Rs 2 lakhs as per their requirement.
