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Startup funding this week | KreditBee gets $75 million; ed-tech, direct-to-consumer brands continue to attract investors
Startup funding this week | KreditBee gets $75 million; ed-tech, direct-to-consumer brands continue to attract investors Priyanka Sahay © Jagyaseni Biswas Startup funding this week | KreditBee gets $75 million; ed-tech, direct-to-consumer brands continue to attract investors The Indian startups space remained abuzz with deal activities, with digital lending startup KreditBee securing an investment of $75 million in a Series C round of which saw participation from Premji’s PremjiInvest and South Korea’s Mirae Asset Venture. The deal was a mix of primary and secondary transactions. Its existing China-backed investors were learnt to have made partial or complete exits. Some other companies in the ed-tech and direct to consumer segments also managed to grab early or growth stage investor cheques.
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Venture highway
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