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Fibe’s lending arm EarlySalary has raised Rs 250 crore ($26.5 million) through non-convertible debentures (NCDs) from a clutch of investors including AK Capital Finance, Franklin Templeton AIF, Vivriti Alpha, SK Finance, Incred Capital, MAS Financial Services, and IB Future Tech.
The board of EarlySalary passed a special resolution to allot 20,500 NCDs at an issue price of Rs 1 lakh each, amounting to Rs 205 crore ($24 million), as per its filings with the Registrar of Companies…
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Fibe’s lending arm EarlySalary has raised Rs 250 crore ($26.5 million) through non-convertible debentures (NCDs) from a clutch of investors including AK Capital Finance, Franklin Templeton AIF, Vivriti Alpha, SK Finance, Incred Capital, MAS Financial Services, and IB Future Tech.
The board of EarlySalary passed a special resolution to allot 20,500 NCDs at an issue price of Rs 1 lakh each, amounting to Rs 205 crore ($24 million), as per its filings with the Registrar of Companies…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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