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Fibe Seeks Fresh Funds, Tr Capital To Lead With $50M Infusion

by livemint.com posted 1month ago 49 views
Venture Capital
The funding round, comprising both primary and secondary capital, could potentially value the company at $600-6 why50 million. : MUMBAI : TPG-backed online lending platform Fibe, formerly EarlySalary, is looking to secure a new funding round, comprising both primary and secondary capital, said three people in the know. TR Capital, a global fund specializing in secondary investments, is expected to lead the round, acquiring full or partial stakes from the company's existing investors, the people added, seeking anonymity. “The round is likely to be a secondary transaction.

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