Indian fintech startup Kreditbee plans $120m pre-IPO raise
- ByStartupStory | February 25, 2026
Bengaluru-based fintech Kreditbee is in talks to raise US$120 million in a pre-IPO funding round, aiming for a post-money valuation of US$1.2 billion, according to sources familiar with the matter.
The funding round is expected to be led by an external investor, with existing investors also contributing additional capital.
The company has reportedly received board approval to convert into a public limited company in preparation for an IPO.
As of March 2025, Kreditbee had a net worth of around 3,100 crore rupee (US$373 million) and assets under management of 10,100 crore rupee (US$1.22 billion), with a significant portion of its lending through partner lenders.
The company posted a net profit of 137.8 crore rupee (US$16.6 million) for the quarter ending December 2025, up from 47 crore rupee (US$5.7 million) a year earlier, and revenue of 805 crore rupee (US$97 million), compared to 566.2 crore rupee (US$68 million) previously.
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