KreditBee secures Rs 94 crore in extended Series D round

KreditBee secures Rs 94 crore in extended Series D round

Digital lending platform KreditBee has raised Rs 94 crore from existing investors in an extended Series D round. The company issued 92,322 Series D compulsory convertible preference shares at an issue price of Rs 8,485.36 each. KreditBee offers personal loans up to Rs 4 lakh to young professionals at interest rates of up to 2.49%.