Digital lending platform Fibe gets Sebi nod to launch IPO

Fibe, officially known as Social Worth Technologies, has received approval from Sebi for its initial public offering, aiming to generate Rs 750 crore through a new share issue. This funding will enhance its subsidiary’s capacity for lending. Additionally, current shareholders will also have the chance to divest through an offer-for-sale segment. The company employs AI and machine learning in its digital credit services.

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