Successful Start-up Story Of KreditBee

0
117

KreditBee was created to help small businesses get the loans they need to grow and succeed.
KreditBee provides loans to small businesses in India. They have a straightforward process that makes it easy for businesses to get the money they need.

What does KreditBee do and about founders?

KreditBee Logo

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, Co-founder and CEO, KreditBee Ranganath NK founded KreditBee in 2016 to provide loans to small businesses.

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.

In the first year, KreditBee lent out a total of Rs. 100 crores to small businesses.

What does KreditBee do?

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

Benefits of using KreditBee?

There are many benefits of using KreditBee. First of all, they have a very quick and easy application process. Secondly, they offer loans with low-interest rates and flexible repayment options.

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

The Personal Loan Platform has seen tremendous growth since it started operations in 2016. In the first year, they lent out a total of Rs. 100 crores to small businesses. As of 2019, they have loaned out over Rs. 1500 crores to small businesses across the country.

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

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.

KreditBee is a great example of a start-up that has been successful in meeting the needs of small businesses.