# Fibe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fibe

- Industry: Financial Services
- Headquarters: Pune, India
- Website: www.fibe.in/
- Total disclosed funding: $264M
- Latest round: Series F (Dec 12, 2025)
- Investors on record: 14

## About

Fibe operates as a lending platform providing instant credit solutions. Established in 2015 in Pune, India, the company has undergone strategic developments, including securing significant funding. The founders include Akshay Mehrotra, Ashish Goyal, and Gaurav Gupta, with Akshay Mehrotra serving as CEO. In December 2025, Fibe raised USD 35 million in series F funding from new investor IFC Venture Capital. Fibe is India's largest lending platform, offering a variety of instant credit solutions tailored to meet users' financial needs. Key products include Instant Cash Loans, Personal Loans, Loans Against Mutual Funds, and the FibeEMIS Buy Now Pay Later service. Users can conveniently access these services via the Fibe app, obtaining fast approvals and direct fund transfers to their bank accounts. The primary clientele consists of salaried professionals seeking flexible financial assistance, available across India.Fibe's revenue is generated through the issuance of loans and financial products. The company reported a revenue of INR 11,353,936.70 in 2021 and an EBITDA of INR 390,968.20 for the same year. The revenue model is based on interest rates applied to loans, dependent on product type and customer eligibility, communicated during the loan application process.In August 2025, Fibe raised INR 2.25 billion in venture debt funding, which will be utilized to enhance its lending operations. The company aims to develop new products and expand its market reach, focusing on additional geographic regions across India. Specific details on upcoming product launches will be announced in due course.

## Funding rounds

- Series F, Dec 12, 2025, $35M — IFC Venture Capital
- Series E, Jun 5, 2024, $90M — TPG, Norwest Venture Partners, Eight Roads Ventures, Chiratae Ventures, TR Capital, Trifecta Capital, Amara Partners, Kabira Holding
- Series D, Aug 16, 2022, $110M — TPG, Norwest Venture Partners, Piramal Enterprises, InnoVen Capital, Alteria Capital
- Series C, Oct 30, 2020, $10M — Eight Roads Ventures, Chiratae Ventures
- Series B, Mar 31, 2019, $1.2M — Chiratae Ventures
- Series B, Oct 5, 2018, $5.7M — Eight Roads Ventures, Chiratae Ventures, ABC Fitness Solutions, LLC
- Series B, Dec 29, 2017, $7.9M — Eight Roads Ventures, Chiratae Ventures, Piramal Finance, ABC Fitness Solutions, LLC
- Series A, May 11, 2017, $4.2M — Chiratae Ventures, Piramal Finance

## Investors

- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Series A, Series B, Series C, Series E
- Piramal Finance — Series A, Series B
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series B, Series C, Series E
- ABC Fitness Solutions, LLC — Series B
- TPG (https://capitalatlas.ai/funds/tpg) — Series D, Series E
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series D, Series E
- Piramal Enterprises (https://capitalatlas.ai/funds/piramal-enterprises) — Series D
- InnoVen Capital — Series D
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series D
- TR Capital — Series E
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series E
- Amara Partners (https://capitalatlas.ai/funds/amara-partners) — Series E
- Kabira Holding — Series E
- IFC Venture Capital (https://capitalatlas.ai/funds/ifc-venture-capital) — Series F