KreditBee becomes unicorn after ₹2,590-crore funding round

Bengaluru-based fintech platform KreditBee became a unicorn after raising $280 million (₹2,590 crore) as part of its Series E funding round. The platform is now valued at $1.5 billion post the funding round, which was led by Motilal Oswal Alternates and Hornbill Capital and which saw investments from existing investors too. KreditBee has so far raised $540 million (₹5,000 crore).