Fibe files draft IPO papers to raise ₹750 crore in fresh capital

Digital lending startup Fibe has filed draft IPO papers with the Securities and Exchange Board of India (SEBI) to raise ₹750 crore through a fresh issue. The offering also includes an offer for sale of about 40 million shares. Existing investors, including TPG, Norwest, Chiratae, Piramal Finance and Eight Roads, will sell their stakes through the IPO.