TPG-backed digital lender Fibe files for India IPO
Digital lender Fibe, backed by TPG, has filed for an Indian IPO, aiming to raise up to 7.5 billion rupees to expand lending to middle-income consumers. The company reported a significant jump in revenue and profit for fiscal 2026. Existing shareholders, including TPG’s Rise Fund, Norwest Capital, and Eight Roads Ventures, are also looking to sell a portion of their stakes. Proceeds will bolster its lending arm, EarlySalary Services.
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