Funding · Financial Services

Fibe plans to raise ₹750 crore for expansion

By Startup Enthusiast · 1 September 2026

What they do

Fibe provides personal loans, loans against mutual funds, and purpose-driven financing through a digital-first mobile and web platform

The company intends to raise ₹750 crore to strengthen its lending subsidiary and enhance its artificial intelligence and technology capabilities

The firm reported a significant profit increase to ₹257 crore in FY26, supported by a 45% compound annual growth rate in assets

Fibe is preparing to raise ₹750 crore in new capital to fuel its business growth.
The company will allocate these funds to bolster its lending subsidiary and support general corporate operations.
A major focus of the investment is upgrading AI and technology infrastructure to improve digital lending scalability.
The firm plans to weave AI into customer engagement, risk assessment, credit decisioning, and internal productivity tools.
Fibe processed approximately 1.31 million monthly loan applications during the 2026 fiscal year.

The company achieved a profit of ₹257 crore in FY26, marking a substantial increase from ₹114 crore in FY25.
Assets under management grew at a 45% CAGR (compound annual growth rate, representing the mean annual growth over a period) to reach ₹8,603 crore.
Fibe reports having served over 3.3 million customers as of March 2026.

Fibe operates as a digital lending platform offering personal loans, loans against mutual funds, and purpose-driven financing.
The platform uses a proprietary scorecard to evaluate creditworthiness using bureau data and behavioral indicators.
Customers can access services via a mobile app or web portal, completing the process through digital KYC (Know Your Customer).
The company utilizes Fibe Mind, a management tool for monitoring business trends and supporting decision-making.
An internal AI engineering agent assists technical teams with code generation, testing, and system deployment.
The platform offers additional financial tools including EMI calculators, eligibility checkers, and free credit score monitoring.