Digital lending platform Fibe gets Sebi nod to launch IPO

Digital lending platform Fibe gets Sebi nod to launch IPO. Social Worth Technologies, the parent company of Fibe, has obtained the necessary approval from Sebi for its initial public offering. The venture aims to raise Rs 750 crore through a fresh share issue, with the funds primarily targeting the enhancement of its subsidiary's capital for lending activities. Additionally, an offer-for-sale section will enable current shareholders to reduce their holdings.