Lending startup KreditBee raises $70mn a month after raising $75mn

Digital lending startup KreditBee, through holding company Finnov, has raised $70 million in the second tranche of Series C funding round. The round was co-led by TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity. The Bengaluru-based startup's latest funding comes after it raised $75 million in February from the likes of Azim Premji's Premji Invest and Mirae Asset Venture.