# Akshay Mehrotra

> Akshay Mehrotra is the cofounder, Managing Director and Group CEO of Fibe, the Pune-based digital consumer lending business formerly called EarlySalary. His career spans marketing roles at Bajaj Allianz Life Insurance, Policybazaar and Big Bazaar, followed by founding EarlySalary with Ashish Goyal in 2015 and launching its lending app in 2016. Fibe rebranded in 2022 and received regulatory approval for a proposed IPO in September 2026.

- **Role:** Managing Director & Group CEO at Fibe
- **Organizations:** Fibe / Social Worth Technologies Limited, EarlySalary Services Private Limited, Fintech Association for Consumer Empowerment (FACE), Bajaj Allianz Life Insurance, Policybazaar, Big Bazaar / Future Group
- **Education:** Bachelor of Business Administration, Dr. Bhimrao Ambedkar University, Agra, Master of Arts, Savitribai Phule Pune University (formerly University of Pune), Postgraduate Diploma in Management, Symbiosis Institute of Management Studies, Pune
- **Known for:** Cofounded and led EarlySalary, later Fibe, from its salary-advance proposition into a broader digital consumer lending business., Reported receiving a CMO Asia retail marketing award in 2013-2014 in his alumni interview., Delivered a TEDxKcMargSalon talk in June 2022.

## Career timeline

- **2002-2004** — Studied at Symbiosis Institute of Management Studies; recalls internships at Bajaj Allianz, Titan and Wipro.
- **Before 2015** — Held marketing leadership roles at Bajaj Allianz Life Insurance, Policybazaar and Big Bazaar / Future Group.
- **2015** — Cofounded EarlySalary with Ashish Goyal and chose Pune as its base.
- **2016** — EarlySalary lending app launched.
- **2020** — Became a founding member of FACE, the Fintech Association for Consumer Empowerment.
- **2022** — EarlySalary raised $110 million in Series D and rebranded as Fibe in September.
- **2024** — Fibe announced $90 million Series E in June, including primary and secondary transactions.
- **2025** — Group leadership evolved; Vimal Saboo became CEO of the NBFC arm in July. Fibe announced $35 million IFC investment in December.
- **2026** — Fibe filed IPO papers in June and received regulatory approval in September.

## Achievements

- Cofounded and led EarlySalary, later Fibe, from its salary-advance proposition into a broader digital consumer lending business.
- Reported receiving a CMO Asia retail marketing award in 2013-2014 in his alumni interview.
- Delivered a TEDxKcMargSalon talk in June 2022.
- Helped establish FACE, an industry association focused on consumer empowerment.
- Led Fibe through institutional funding rounds and preparations for an IPO.

## Latest updates

- **2026-09** — Fibe received regulatory approval for a proposed IPO comprising a fresh issue of up to ₹750 crore and an offer for sale by existing shareholders.
- **2026-06** — Social Worth Technologies, which operates Fibe, filed draft IPO papers; reported March 2026 assets under management of approximately ₹8,603 crore.
- **2025-12** — Fibe announced a $35 million IFC investment as part of Series F; IFC records investment on December 8, 2025.
- **2025-07** — Fibe appointed Vimal Saboo CEO of EarlySalary Services, separating NBFC leadership from group responsibilities.

## Links

- Website: https://www.fibe.in/
- LinkedIn: https://www.linkedin.com/in/akshay-mehrotra-b671925/
- Twitter/X: https://x.com/akshay_mehrotra

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Profile page: https://yespress.io/akshay-mehrotra
Published by YesPress — https://yespress.io
Last updated: 2026-10-07
