- Published on October 12, 2021
- In AI Startups
How Bengaluru-based KreditBee Leverages AI And ML To Democratise Credit
KreditBee offers loans in varying ticket sizes and repayment tenures without the need for any paperwork or branch visits.
- By Debolina Biswas
Founded in 2018, Bengaluru-based fintech startup KreditBee is registered as Finnovation Tech Solutions Pvt Ltd. Founders Madhusudan Ekambaram, Karthikeyan Krishnaswamy and Vivek Veda started the company with the mission of democratising credit. However, its larger goal is financial inclusion for the underserved population, including self-employed and salaried professionals.
KreditBee offers loans in varying ticket sizes and repayment tenures. The startup's digital platforms allow customers to avail loans directly from their smartphones without any paperwork or branch visits. The entire procedure-- eligibility check to application disbursement and repayment, is digitised and is online. In addition, KreditBee takes note of alternate lending data points besides salary and bureau scor
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Debolina Biswas
After diving deep into the Indian startup ecosystem, Debolina is now a Technology Journalist. When not writing, she is found reading or playing with paint brushes and palette knives. She can be reached at debolina.biswas@analyticsindiamag.com
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