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Exclusive: Increff Bags $11 Mn From Premji Invest, TVS, 021 Capital

Increff has further increased the ESOP pool size by 1,520 equity options, thus taking the total ESOP pool size to 3,920 equity options ....

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KreditBee secures Rs 545 crore in Series C from Premji Invest, and others

By
siliconindia | Monday, 15 February 2021, 09:11 Hrs
Bengaluru-headquartered FinTech lending startup KreditBee on Monday said it has concluded its Series C equity round worth $75 million (about Rs 545 crore) from Premji Invest, Mirae Asset Naver Asia Growth Fund, Alpine Capital and Arkam Ventures consisting of both primary and secondary investment.
With the current round of fund raise, the company wants to drive credit uptake in the economy especially for the unserved and underserved segment of the population.
With a larger portfolio of loan products, our objective is to provide credit to over 180 million New-to-Credit customers who were not provided formal credit earlier. This investment would help us take more positive steps towards achieving that, Madhusudan E, Co-Founder & CEO of KreditBee, said in a statement. ....

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