Go Back
KR

FINNOVATION TECH SOLUTIONS PRIVATE LIMITED

KreditBee

U74900KA2016PTC086953

Get Comprehensive Report

₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Oct 25, 2024
Key Metrics
  • No. of Employees842
  • Founded Year 2018
  • Company StagePrivate Limited Company
  • Total Funding₹3,160.4 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About KreditBee
KreditBee is a FinTech Platform which offers instant personal loan to professionals, where they can avail loans up to ₹3 lakhs as per their requirement. With a strong focus on online tech-based and data-centric KYC, KreditBee envisions to solve the financial inclusion gap in the varied demographic segments of the country. The platform is backed by a Systemically Important NBFC Krazybee Services Private Limited, registered with RBI since May 2017, as well as various debt & platform partners. KreditBee is a brand of Finnovation Tech Solutions Pvt Ltd and is currently a Series-C funded entity with a cumulative fundraise of over USD 200 Million. It is backed by some key VC firms and investment entities like Azim Premji’s Premji Invest, Motilal Oswal Private Equity, TPG-backed NewQuest, South Korea’s Mirae Asset Venture, and US-based Alpine Capital. Some other marquee investors include ICICI Bank, Arkam Ventures and SIDBI’s investment arm IndiaSME Investments. Also, it has various debt partners like AU Small Finance Bank, HSBC, Fullerton, and IIFL. Currently, it has 5 million loan customers, out of which over 2 million are active loan customers.
Business Model

KreditBee facilitates loan transactions between borrowers and NBFCs or banks. It also provides personal loans up to Rs 4 lakh to young professionals for a tenure of 2 to 15 months and at an interest rate of up to 2.49%.

Top Competitors
CA
CasheU74120MH2015PTC270608
LO
LoantapU67100MH2016PTC280879
F(
Fibe (earlysalary)U72200PN2015PTC157014
KI
KisshtU72900MH2016PTC282573
KreditBee Funding Details
Funding Highlights
Latest Founding RoundSeries D
Total Funding Raised₹3,160.4 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors4
Investors
  • Premji Invest, Newquest, Motiwal Oswal, Alpine Capital
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
KreditBee Financial Details
Financial Highlights
FY 2022-23 Revenue₹788.67 Cr
FY 2022-23 Expenses₹724.13 Cr
FY 2022-23 Profit/Loss₹64.34 Cr
Net Cash Flow From Operations-₹38.84 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
KreditBee Key People
People Metrics
Current Core Team3
Board Members/Directors2

Core Team

KK
Karthikeyan KrishnaswamyCo-Founder & CTO
ME
Madhusudan EkambaramCo-Founder & CEO
VV
Vivek VedaCo-Founder & CFO

Board Members/Directors

ME
Madhusudan EkambaramDirector
KK
Karthikeyan KrishnaswamyDirector
KreditBee Documents

AY - 2018-19

Profit and Loss statement - KreditBee - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of KreditBee for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - KreditBee - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of KreditBee for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - KreditBee - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of KreditBee for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - KreditBee - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of KreditBee for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - KreditBee - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of KreditBee for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - KreditBee - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of KreditBee for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - KreditBee - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of KreditBee for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - KreditBee - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of KreditBee for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - KreditBee - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of KreditBee for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - KreditBee - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of KreditBee for FY 2022-23.
₹249.00 ₹498.00

Subscribe to our newsletter to stay updated

Weekly Funding Reports
Funding Report
Funding and acquisitions in Indian startup this we...
Montly Funding Reports
Funding Report
Indian startups raise $972 Mn in November, powered...

Get your Customised Report

With an exclusive 20% off on your order

Latest Industry Reports
Industry Report
Over 30 Indian startups welcome new CEOs amid stra...