FinTech
Fibe Raises INR 225 Cr In Debt Funding
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SUMMARY
Fibe has rasied fresh funds in debt from a host of financial institutions, including Franklin Templeton Alternative Investments Fund, India
The startup has issued 22,500 non-convertible debentures at a face value of INR 1 Lakh each
The fresh proceeds will be deployed by the startup to strengthen its lending operations
Digital lending platform Fibe has raised INR 225 Cr (about $25 Mn) in debt from a host of financial institutions, including Franklin Templeton Alternative Investments Fund, India.
Fibe said in a…
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