ClimateInc42about 3 hours ago
Fibe IPO: Diversified Lender Seeks ₹750 Cr
5 min read
Fibe, formerly EarlySalary, filed a DRHP for an IPO with a ₹750 Cr fresh issue and 4 Cr share offer-for-sale. The fintech doubled revenue to ₹1,601 Cr and nearly tripled profit to ₹291 Cr between FY24 and FY26, expanding AUM to ₹8,603 Cr. Investors question whether its $1 Bn valuation accounts for digital lending risks.
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