Funding round
KreditBee Series D
KreditBee, which works in digital loan origination services in HAL 2nd Stage, raised $80M in a Series D round announced on 2 Dec 2022, led by Premji Invest. 5 firms took part, 4 of them already investors. It is KreditBee's second venture round on record; the one before was a Series C in Mar 2021.
$80M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
KreditBee did not disclose a valuation in this round. It came 21 months after KreditBee's Series C. It is 19% of the $430M KreditBee has raised in the venture rounds on record. KreditBee raised again 40 months later: a Series E round of $280M in Apr 2026, at $1.50B post-money.
KreditBee's funding rounds
KreditBee has 3 venture rounds on record. This one is highlighted.
Investors
Who put money in
Premji Invest led the round with 4 other firms. Premji Invest, Motilal Oswal Alternates, NewQuest Capital Partners and Mirae Asset Venture Investments had backed KreditBee before.
Lead investor
- Premji Invest backs 50 venture-backed companies existing investor
Also in the round
- backs 4 venture-backed companies existing investor
- NewQuest Capital Partners existing investor
- Mirae Asset Venture Investments backs 37 venture-backed companies existing investor
- MUFG Bank new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, scaling operations and working capital.
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
8 Series D rounds in Loans & Financing within a year either side disclosed an amount; the median was $95M, and this round was 84% of the median. The closest in time, other companies' Series D rounds in Loans & Financing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Loans & Financing | 15 Dec 2022 | $36M | not disclosed | FMO |
| Loans & Financing | 3 Oct 2022 | $80M | $855M | Sway Capital |
| Loans & Financing | 24 Mar 2023 | $270M | not disclosed | Mizuho Bank |
| Kredivo Group Loans & Financing | 23 Mar 2023 | $270M | not disclosed | Mizuho Financial Group Inc. |
| Loans & Financing | 8 Mar 2023 | $110M | not disclosed | Premji Invest |
| Loans & Financing | 30 Aug 2022 | $110M | $300M | TPG and Norwest |
| Clearco Loans & Financing | 4 Oct 2023 | $60M | not disclosed | Inovia and Founders Circle Capital |
| Loans & Financing | 10 Nov 2023 | $60M | $1.05B | not named |
Sources
Where this comes from
Reported by 5 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did KreditBee raise in its Series D round?
KreditBee raised $80M in its Series D round, announced in Dec 2022.
Who led KreditBee's Series D round?
Premji Invest led it, with Motilal Oswal Alternates, NewQuest Capital Partners, Mirae Asset Venture Investments and MUFG Bank.
What was KreditBee's valuation at the Series D round?
It was not disclosed.
How does it compare with other Series D rounds in Loans & Financing?
8 Series D rounds in Loans & Financing within a year either side disclosed an amount; the median was $95M, and this round was 84% of the median.
Did KreditBee raise again after this round?
Yes: a Series E round in Apr 2026 of $280M at $1.50B post-money.