India: KreditBee raises $70m more in Series C led by NewQuest, MOPE

Bengaluru-based Fintech Lending Platform KreditBee’s holding entity, Finnov has raised an additional USD 70 million in a follow-on Series C round from TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity. The conclusion of this round has led to an exit of most of the early-stage investors.