EarlySalary

Launches upgraded app with conversational user interface as firm turns seven

Average ticket size also dips across all funding stages, late-stage sees biggest fall of 70%, indicating that investors aren't willing to make large investments until economic conditions improve

Fibe has expanded its presence from 18 cities to 150 cities and increased its customer base from 35,000 to 1 lakh new customers per month, the firm said.

EarlySalary, which competes with LoanTap and PaySense, offers personal loans of up to 500,000 rupees (about $6,319) for short tenures

Some of the players expected to take a hit due to the RBI's diktat are Slice, Uni Cards, Jupiter, EarlySalary, etc

EarlySalary recently raised Series B funds of Rs 1 billion from investors such as Eight Roads ventures, IDG Ventures, DHFL, and Ashok Agarwal