Private Equity

PE-VC Fund Investments

Small ticket business loan provider Moneyboxx Finance raises Rs.33.4 Cr

Medial  

Mumbai-based, BSE-listed non-banking financial company (NBFC) Moneyboxx Finance has raised INR 33.4 crore from its promoters and existing shareholders through the allotment of 44,00,000 equity shares at INR 76 per share (including a premium of INR 66 per share).Founded in 2018, Moneyboxx provides small-ticket business loans ranging from INR 50,000 to INR 3,00,000 to micro and small enterprises in small towns. The company operates a phygital model, integrating on-ground distribution with data-driven credit assessment to offer income-linked lending, and it currently manages about 160 branches across 12 states.The fresh funding will be used by the company to expand presence across high-potential markets, support growth, and further enhance technology-led underwriting and risk management systems.

Between Dec-20 and Jan-25, Moneyboxx had attracted about USD 21 M from BlackSoil Capital, Caspian Advisors, Oikocredit, and others.