Fibe’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Social Worth Technologies Private Limited | CIN: U72200PN2015PTC157014
Founded by Akshay Mehrotra and Ashish Goyal in 2015, Fibe (formerly EarlySalary) is one of India's leading digital consumer lending platforms. The company provides instant personal loans, affordable EMI options, and salary advances, empowering young professionals with flexible credit solutions. Fibe has built a strong tech stack for seamless credit underwriting and disbursement, enabling a smooth and quick experience for customers. With a focus on responsible lending and financial inclusion, Fibe continues to scale rapidly, backed by strong investor support and operational profitability achieved recently.
| Founded | 2015 |
|---|---|
| Headquarters | Pune, India |
| Valuation | ~$400 million (2022 est.) |
| Annual Revenue (FY24 est.) | ₹500 Cr |
| Net Profit (FY24 est.) | ₹30 Cr |
| Employees | ~550 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Seed | 2015 | Undisclosed | Angel investors |
| Series A | 2017 | $4 million | IDG Ventures India |
| Series B | 2018 | $15 million | Eight Roads Ventures |
| Series C | 2020 | $10 million | Eight Roads Ventures, Chiratae Ventures |
| Series D | 2022 | $75 million | TPG's The Rise Fund, Norwest Venture Partners |
Fibe’s revenue has grown from ₹270 Cr in FY22 to an estimated ₹500 Cr in FY24, reflecting rapid customer adoption and expanded product offerings. The company turned profitable in FY23 and continues to strengthen margins.
EBITDA margins have improved significantly, moving from -8% in FY22 to 10% in FY24, driven by improved underwriting and operating leverage.
Fibe’s workforce grew from 400 in FY22 to 550 in FY24, supporting tech development, new product verticals, and stronger customer support operations.
Fibe plans to expand into new credit categories, enhance its technology stack, and explore partnerships with large consumer platforms. The company may consider IPO opportunities as growth sustains and profitability strengthens.
Fibe recently announced new partnerships to provide embedded finance solutions and launched innovative credit products aimed at young professionals and salaried employees.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹500 Cr (+32% YoY) – Strong growth from new lending products and market expansion. |
| Net Profit FY24 | ₹30 Cr – Turnaround to profitability driven by operational efficiency. |
| EBITDA Margin | 10% – Marked improvement indicating healthy business model. |
| Valuation | $400 million – Supported by solid revenue growth and profitability. |
| Employee Count | 550 – Scaled teams for technology and credit operations. |
Fibe’s journey from early-stage digital lender to a profitable fintech leader showcases strong execution and market fit. Backed by marquee investors and focused on responsible growth, Fibe is well-positioned for continued success. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Entrackr, Economic Times, Business Standard, Fibe press releases.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.