Digital lending platform KreditBee Tops up Series D Round With Additional $9.4 Mn

Your First Startup03 Apr, 2024Business

Digital lending platform KreditBee has received investments worth $9.4 Million or INR 78.33 crore in an extended Series D round. Its existing investors - Premji Invest, Mirae Asset, Motilal Oswal Private Equity and others pumped in investments. The KreditBee board has passed a resolution specifying the issuance of 92,322 Series D compulsory convertible preference shares at a price worth INR 8,485.36 each to raise INR 78.33 Cr. The company specifies the same in its regulatory filings with the Registrar of Companies.