India, Dec. 9 -- Digital lending startup Fibe has raised $35 Mn (about INR 314 Cr) from International Finance Corporation (IFC) as part of its Series F round.

The startup plans to use the capital to accelerate product innovation and build a unified platform for lending, saving, investing, and payments.

". This capital will help us enhance our product suite further and deliver a unified experience across borrowing, saving, investing, and payments - while remaining focused on responsible credit and positive socio-economic outcomes," said Fibe founder, MD and group CEO Akshay Mehrotra.

Founded in 2015 by Mehrotra and Ashish Goyal, Fibe offers short-term and long-term loans to the salaried class of the nation. Users can avail loans between...