India SME Investments has recently expanded its portfolio in the BFSI segment by infusing a capital of Rs 60 crore into the holding entity of fintech lending startup KreditBee.
The investment comes in the form of both equity and debt. This round is a follow-up tranche of investment from India SME after having invested Rs 28.4 crore in September 2019 as debt in Krazybee Services Private Limited, the RBI-backed NBFC-ND-SI which is a part of the holding company of KreditBee.