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IPO Door Opens for Fibe as UPI Monetization Shift Looms for Fintech | Lavamgam

Business

Neutral

IPO Door Opens for Fibe as UPI Monetization Shift Looms for Fintech

SEBI has greenlit the IPO of lending tech startup Fibe, raising up to ₹750 crore and offering major exits for investors like TPG and Norwest Capital. The profitable startup, with net profit more than doubling to ₹257.5 crore in FY26, signals that the Indian IPO market remains open for well-run fintech players, providing a crucial liquidity pipeline for the ecosystem.