KreditBee funding: KreditBee raises $120 million funding in new tranche from Advent International, others
Credit-based fintech startup KreditBee on Friday said it has raised $120 million more from investors in Series D funds, taking the size of the round to $200 million.
US-based private equity giant Advent International has invested $100 million in this tranche while others have put in an additional $20 million, the Bengaluru-based company said.
This makes it one of the largest capital infusion rounds the Indian startup industry has seen amid the ongoing funding crunch.
“We are delighted to welcome a long-term financial and…