KrazyBee founded by IIM and NIT alumni in India. Aims to offer finance for young adults.

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KrazyBee empowers college students with accessible and hassle-free financing for pursuing their passions.

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Krazybee, KreditBee’s NBFC arm, doubled revenue and tripled profit in FY24.

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Interest income surged 2.5X to Rs 1,225.83 crore in FY24.

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Total expenses spiked by 80% to Rs 1,132 crore in FY24.

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Employee benefit costs jumped five-fold to Rs 188 crore in FY24.

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Profit multiplied by 3X to Rs 200 crore in FY24.

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Return on Capital Employed improved to 10.5%, EBITDA margin at 36%.

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KreditBee raised $410 million, with Premji Invest and Newquest Capital as major stakeholders.

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Krazybee planning to shift domicile to India from Singapore for IPO.

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