Tech
Digital lending startup Fibe eyes $35 million fundraise from IFC
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Digital lending startup Fibe is looking to raise $35 million through a fresh funding round led by International Finance Corporation (IFC), the impact investing arm of the World Bank Group, according to two people in the know.
The Pune-based consumer lending startup has also reached out to its existing investors to participate in this round, the people added. Fibe is backed by Eight Road Ventures, Norwest Venture Partners, and the alternative asset investor TPG, which has invested through The Rise Fund.
Emailed queries to IFC and Fibe went…
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