The success story of a start-up that provides loans to small businesses

KreditBee Success Story: How This Online Lending Platform Has Helped Millions of Small Businesses in India

When it comes to small businesses, getting a loan isn’t always easy. This is especially true if the business is just getting started and doesn’t have many guarantees to offer.

KreditBee was created with the goal of helping small businesses get the loans they need to grow and succeed.

In this startup story, we’ll tell you the story of KreditBee and how they became one of the most successful startups in their industry!

Founders of KreditBee

Madhusudan Ekambaram and Ranganath NK, the founders of KreditBee, are two entrepreneurs who saw a need in the market and created a successful business to meet that need.

Madhusudan Ekambaram and, Co-Founder and CEO, KreditBee Ranganath NK founded KreditBee in 2016 with the goal of providing small business loans.

The idea for the business originated when Madhusudan Ekambaram was working in a bank and saw how difficult it was for small businesses to get loans. He decided to quit his job and start KreditBee with Ranganath NK.

The company started by providing loans of up to Rs. 50,000 to small businesses. The loan amount was disbursed within 24 hours and could be used for any purpose.

The interest rate was set at 18% per annum. In the first year, KreditBee lent a total of Rs. 100 crores to small businesses.

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The personal loan platform has now become one of the largest small business loan providers in India. To date, they have loaned over Rs. 1500 crores to small businesses across the country.

They have also expanded their product offering and now offer loans of up to Rs. 20 lakhs with interest rates starting at 12% per annum.

This personal loan platform has been successful in growing its business because it has a deep understanding of the needs of small businesses.

They offer flexible loan terms and fast disbursement times tailored to the needs of small businesses. Plus, they focus on customer service and provide a great experience for their customers.

What does KreditBee do?

KreditBee provides small business loans in India. They have a very simple and straightforward process that makes it easy for businesses to get the money they need.

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All you have to do is fill out an online form and provide some basic information about your business. Once you submit the form, KreditBee will review your request and make a decision within 24 hours.

What are the benefits of using KreditBee?

Using KreditBee has many advantages. First of all, they have a very quick and easy application process. Second, they offer loans with low interest rates and flexible repayment options.

They focus on customer service and will work with you to ensure you get the best possible loan for your business.

This personal loan platform is a great option for small businesses that need a loan but don’t have the time or resources to go through a traditional bank.

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If you’re looking for a quick and easy way to get funding for your business, KreditBee is definitely worth considering. Contact them today to learn more about their loan options and how they can help your business grow!

Growth of KreditBee

The personal lending platform has seen phenomenal growth since it started operations in 2016. In the first year, it lent a total of Rs. 100 crores to small businesses. In 2019, they lent more than Rs. 1500 crores to small businesses across the country.

They have also expanded their product offering and now offer loans of up to Rs. 20 lakhs with interest rates starting at 12% per annum.

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KreditBee is a great example of a start-up that has successfully addressed the needs of small businesses.



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They offer quick and easy loans with flexible repayment options. Plus, they focus on customer service. If you are a small business owner looking for a loan, then KreditBee is definitely worth considering!

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