KreditBee secures $280 million to expand AI-driven lending

Written by Vriti Goshi

creditbee joins the unicorn club by raising $280 million in a Series E funding round and achieving a post-money valuation of $1.5 billion. This transaction marks the creation of India’s first unicorn in the fintech space in 2027.

This round was led by Replacement for Motilal Oswal, capital of hornbillsand dragon fundwith participation from white oak capital, AP Moller Holdingand existing supporters. Premji Investment and advent international.

Founded in 2016 Madhusudan E., Karthikeyan Krishnaswamyand Vivek Vedathe platform operates through RBI-registered NBFCs. KrazyBee Services Limitedco-financing alliances with over 10 financial institutions.

The new capital will be used to expand the company’s lending portfolio, strengthen its presence across key markets, and strengthen its technology infrastructure. The primary focus is on expanding artificial intelligence capabilities to improve underwriting accuracy, risk management, and customer personalization.

Madhusudan E, KreditBee Co-Founder and CEO; “This funding marks an important milestone in our growth journey. The strong interest from new investors and continued participation from existing investors reflects a deep belief in our business model and our mission to make credit accessible to millions of Indians. We are increasingly embedding AI at the core of our lending stack to improve underwriting accuracy, enhance risk management, and deliver a faster and more intuitive customer experience.”

The funding comes as India’s digital lenders face the dual imperative of sustaining growth while aligning with increased regulatory oversight and evolving risk frameworks. KreditBee’s focus on AI-driven underwriting reflects the industry’s broader shift to data-driven credit decisions, especially in underserved and low-information customer segments.

KreditBee reports over 230 million app downloads and over 18 million unique loan customers. The platform has facilitated more than 60 million loans nationwide and manages approximately $1.5 billion in assets under management (AUM) as of March 2026. Its product suite spans personal loans, business loans, real estate loans and two-wheeler financing, along with value-added services such as credit reporting tools and UPI-based services.

The company has seen growing adoption across Tier 2 and Tier 3 cities, highlighting the growing demand for digital credit beyond metropolitan markets. The latest funding round is also expected to support KreditBee’s long-term plans to access public markets and place it among the growing number of Indian fintech companies preparing for IPOs amid improving investor sentiment.