Moneyboxx Finance Raises Rs 33.4 Cr In Equity To Accelerate Growth

Moneyboxx Finance, a listed NBFC that supports small and micro entrepreneurs in rural and semi-urban India, has raised Rs 33.4 crore by issuing equity shares.

The fundraise has strengthened the company’s capital base and will help it speed up its next phase of growth.

A total of 44 lakh equity shares with a face value of Rs 10 each were issued on a preferential basis at Rs 76 per share, which includes a premium of Rs 66 per share.

With this allotment, Moneyboxx Finance has raised a total of Rs 303.9 crore in equity since it was founded, including this latest round.

Read also- Oxyzo Enters Fund Management With Performing Credit Fund Launch

All the equity raised in FY26 has come from promoters and existing shareholders, showing their strong confidence in the company’s business model and future growth.

The funds will be used to open more branches in high-potential markets, support growth in assets under management (AUM), and strengthen technology-based underwriting and risk management systems.

Advertisment

Moneyboxx Finance follows a strong “phygital” model, combining on-ground branch presence with data-driven credit assessment to provide responsible, income-linked loans.

Deepak Aggarwal, Cofounder and Co-CEO of Moneyboxx Finance, said, “This equity infusion of Rs 33.4 crore reinforced confidence in our model and strengthened our ability to drive responsible financial inclusion at scale. We remain focused on expanding our footprint while leveraging technology to enhance underwriting precision and operational efficiency.”

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Latest Business and Startup News: Discover Funding Trends and Stories Shaping Indian Startups.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges, and achieving success.

Advertisment