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Announced

Completed

Advent International led a $180m Series D round in KreditBee.

Financials

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Transaction Value£150m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

financial platform

Cross Border

Private

Single Bidder

Private Equity

India

Venture Capital

Friendly

Acquisition

Completed

Online and Social Platforms

Synopsis

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Advent International, a private equity firm, led a $180m Series D round in KreditBee, a fintech platform, with participation from Azim Premji, Motilal Oswal, NewQuest Capital Partners, Mirae Asset Ventures and MUFG Bank. "The latest round will help us to achieve our vision of serving over 400m middle-income population in the country,” Madhusudan Ekambaram, KreditBee Co-Founder and CEO.

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