Srinivasa: KrazyBee maintains 70% repeat rate and net margin profitability
Bala Srinivasa · The Framework to Build Category Creators in India ft Bala Srinivasa,Managing Director-Arkam Ventures · Aug 30, 2022 · at 13:08
Bala Srinivasa of Arkam Ventures details the retention and bottom-line economics of portfolio digital lender KrazyBee.
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“Crazy Bee has a 70% repeat rate, and they have people who come back to them two, three times a year. Right. And this completely changes your business model versus a traditional MBFC or however you lend, and it's actually a profitable model. Crazy B is profitable at a net margin level, not even, you know, CM one, CM two, et cetera.”
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