KreditBee: A Success Story of a Start-Up That Provides Loans to Small Businesses

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

When it comes to small businesses, getting a loan is not always easy. This is especially true if the business is just starting out and doesn’t have a lot of collateral to offer.

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

In this startup story, we will tell you the story of KreditBee and how they have become one of the most successful start-ups in their industry!

KreditBee Founders

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 aim of providing loans to small businesses.

The idea for the business came about 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 off 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 fixed at 18% per annum. In the first year, KreditBee lent out a total of Rs. 100 crores to small businesses.

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The Personal Loan Platform has now grown to become one of the largest providers of loans to small businesses in India. To date, 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 has been successful in growing their business because they have a deep understanding of the needs of small businesses.

They offer flexible loan terms and quick disbursal times that are tailored to the needs of small businesses. In addition, they have a strong focus on customer service and providing a great experience to their customers.

What does KreditBee do?

KreditBee provides loans to small businesses 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 need 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 application and make a decision within 24 hours.

What are the 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.

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!

KreditBee Growth

The Personal Loan Platform has seen tremendous growth since they 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.

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

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