Adequate earnings profile
The group generates both interest income from the loan extended and processing fees. The majority of disbursements being towards very short-tenured personal loan products
Scalable business model led by strong tech platform
KrazyBee offers unsecured loans of up to Rs 4 lakh to young professionals for a tenure of up to 48 months through fully automated digital lending model using mobile application ‘Kreditbee’, owned by the group company, FTSPL
Improving capitalization of group
Since inception, the group has raised equity of Rs. 2,100 crore in primary infusion and an additional over Rs 700 crore in secondary share sale
Robust Asset Quality
The Gross NPA and Net NPA of Krazybee Services stood at 2.29 & 0.66% as on 31st March 2024