TechFlow News — Indian fintech lending platform KreditBee has secured $200 million in Series D funding, with private equity giant Advent International contributing $100 million. The remaining $100 million was co-invested by Japan’s Mitsubishi UFJ Financial Group and existing investors Premji Invest, Motilal Oswal Alternates, NewQuest Capital Partners, and Mirae Asset Venture Investments. The fresh capital will be used to scale existing operations and diversify its product offerings through digital financial products.
KreditBee CEO Madhusudan Ekambaram said, “This latest round of funding will help us realize our vision of serving over 400 million middle-income individuals across the country.”Original link
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