1. KrazyBee was founded by Madhusudan Ekambaram, Wan Hong, and Krishnaswamy Karthikeyan.The company was incorporated in March 2016 and received its NBFC licence in May 2017.
2. KrazyBee initially launched as a student credit platform catering to college-going millennials. It later expanded its operations under the brand name KreditBee, offering personal loans to young professionals through an online platform.
3. The company operates as a subsidiary of Finnov Private Limited (‘Finnov’), a Singapore-based entity that holds approximately 68% ownership in KrazyBee. The remaining shares are primarily held by institutional investors.
4. The platforms serve as a marketplace, connecting borrowers with lenders. KrazyBee provides loans both directly through its NBFC entity and in partnership with large-scale NBFCs such as Poonawalla, Cholamandalam, and Vivriti Capital.