Tech Company Financing Transactions
Fibe Funding Round
Amara Ventures, Trifecta Capital and Chiratae Ventures participated in a $90 million Series E funding round for Fibe. The round was announced on 6/6/2024.
Transaction Overview
Company Name
Announced On
6/6/2024
Transaction Type
Venture Equity
Amount
$90,000,000
Round
Series E
Investors
Amara Ventures (Lead Investor)
Trifecta Capital (Lead Investor)
Proceeds Purpose
The fintech plans to use the new funds to fuel its market outreach, develop more lending products, enhance its technological infrastructure, and deepen our impact across India.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
404, The Chambers Near Ganpati Chowk (Samrat Chowk) Viman Na
Pune, Maharashtra, 411014
India
Pune, Maharashtra, 411014
India
Phone
Website
Email Address
Overview
Fibe (formerly EarlySalary) is one of India's leading consumer lending apps focused on young working professionals, a customer segment that is under-served by traditional lenders. Our mission is to create a financial ecosystem that helps mid income groups fulfill their aspirations. We're driving affordability at scale.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Akshay Mehrotra
Chief Financial Officer
Ashish Goyal
Chief Technical Officer
Anil Sinha
VP - Bus. Development
Vimal Saboo
VP - Customer Service
Amit Nosina
VP - General Counsel
Amit Saraf
VP - Product Management
Balakrishnan Narayanan
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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