SME lender Moneyboxx raises Rs.21-Cr from HNIs

Moneyboxx Finance Ltd (Moneyboxx), a BSE-listed non-banking finance company (NBFC) has raised INR 20.77 crore through private placement with non-promoter investors. The Gurugram-based firm plans to use the funds to scale up and tap growth opportunities. It looks to raise additional INR 120 crore in FY23. Moneyboxx provides business loans to micro and small enterprises in Tier-Ill towns. It has an AUM of INR 119 crore as of March 2022.