Bottomline: TPG-backed Fibe’s FY23 profit jumps, NPAs remain in control

By Aman Rawat

  • 06 Oct 2023
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Akshay Mehrotra, co-founder and chief executive officer, Fibe

Online lending platform Fibe, which was earlier known as EarlySalary, recorded a sharp jump in profit and jump for the year through March 2023 and managed to bring down its borrowing cost.  The company, which counts private equity firm TPG’s The Rise Fund and Norwest Venture Partners among its investors, reported ......

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