Monday, March 20, 2023
Outlook India
Outlook Business


The average deal size for early-stage start-ups was reportedly nearly $4 million. PhonePe's $350 million and KreditBee's $120 million funding round accounted for nearly 40 per cent of the overall financing in January

The additional capital raised will be deployed towards scaling the existing business and diversifying its product offering by venturing into digitally enabled financial products

KreditBee aims to cross an AUM (asset under management) of USD 1 Billion+ over the next 6 to 9 months