Economy, Banking and Finance · 10 April 2026

Kreditbee secures $280 million to enter unicorn club 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 share sales.
  • The Bengaluru-based digital lender achieved a post-money valuation of $1.5 billion.
  • Kreditbee recorded operating revenue of Rs 805 crore and net profit of Rs 137 crore for Q3 FY26.
  • The company closed FY26 with total disbursals of Rs 30,000 crore and assets under management of Rs 15,000 crore.
  • Kreditbee plans to complete the merger of its technology and NBFC entity and begin its IPO process within two to three months.