India, April 8 -- Lending Tech startup KreditBee has raised $280 Mn (about Rs.2,595 Cr) in its Series E round at a post-money valuation of $1.5 Bn, becoming the second startup to enter the unicorn club in 2026 after Juspay. 

KreditBee's funding round was led by Motilal Oswal Alternates, Hornbill Capital, and MUFG-backed Dragon Funds, with participation from WhiteOak Capital, A.P. Moller Holding, and existing investors including Premji Invest and Advent International.

The fundraise comes at a time when the fintech startup is preparing for an IPO. Last year, it got approval from its board to convert into a public entity.

The Bengaluru-based startup plans to deploy the fresh capital to expand its lending portfolio, strengthen its pre...