KreditBee - Personal Loan & Online Credit Platform, India

KreditBee - Personal Loan & Online Credit Platform, India

Company

It is often difficult for small businesses to obtain loans. However, KreditBee simplifies loan transactions between borrowers and NBFCs/Banks. This provides hope for businesses starting with content to offer!


Table of contents

The Company in 3 lines

  1. KreditBee provides loans to small businesses in India. It features a simple method that makes acquiring funds for small businesses easier.
  2. KreditBee also provides a SaaS platform with API services for various fintech businesses and brands.
  3. All you have to do is fill out an application online with basic details about the company. The application is then reviewed by KreditBee, which then decides within 24 hours.

Quick Information

Website: Click here

Social Media Profiles: Instagram, Twitter, Linkedin

Headquarters: Bengaluru, India

Business Model: B2B

Founding Year: 2018

Number of Employees: 1001-5000

Core Team Members: Karthikeyan Krishnaswamy, Madhusudan Ekambaram, Vivek Veda (founders)

Revenue Streams: Loan Transactions, Interest

Target Market: SME

Basic Information

KreditBee was founded in Banglore by Madhusudan Ekambaram and Ranganath NK. The two entrepreneurs noticed a need for such a service in India's tech sector and founded KreditBee to help small businesses with their financial requirements.

It has issued approximately $2 billion in loans in the last three years. It has more than five million credit borrowers and offers more than 15,000 loans per day. It also launched KreditBee cards to stimulate usage and provide clients with timely offers.

It issues around 5,000 cards every day and is also introducing BNPL. It will be integrated with a variety of payment gateways and merchants.


Siddhesh Surve

An Enthusiastic Learner! With his roots in Navi Mumbai and a Journalism Background, he aims to connect with readers and share facts about his hobby, "tech in India," and its advancing inventions.