Economy, Banking and Finance · 10 April 2026

KreditBee enters unicorn club with $280 million funding at $1.5 billion valuation.

Exam-focused facts from the 10 April 2026 current affairs briefing.

Key facts

  • KreditBee raised $280 million in a round led by Hornbill Capital, MUFG-backed Dragon Funds and Motilal Oswal Alternates.
  • The round comprises $220 million primary capital and $60 million secondary capital.
  • The Bengaluru-based digital lender is now valued at $1.5 billion post-money.
  • KreditBee plans to complete the merger of its technology and NBFC entity within two to three months.
  • The company awaits final approval from the National Company Law Tribunal before launching its IPO.
  • Competitors Fibe, Moneyview and Kissht are also preparing for public listings.
  • KreditBee recorded operating revenue of Rs 805 crore and net profit of Rs 137 crore for Q3 FY26.
  • Total disbursals for FY26 stood at Rs 30,000 crore with assets under management of Rs 15,000 crore.