Finance & Economy, News & Insights

Moneyboxx Finance Secures ₹33.4 Crore Equity Funding to Drive Growth and Tech-Led Lending

Moneyboxx Finance Raises ₹33.4 Crore Through Preferential Equity Issue
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Author: TEXTILE VALUE CHAIN

Moneyboxx Finance Limited has raised ₹33.4 crore through the allotment of equity shares to strengthen its capital base. The issue was completed on a preferential basis and is intended to support the company’s next phase of growth in rural and semi-urban markets.

Moneyboxx Finance Limited, a listed non-banking financial company focused on small and micro entrepreneurs in rural and semi-urban India, has completed an equity fundraise of ₹33.4 crore through the allotment of shares.

A total of 44 lakh equity shares of face value ₹10 each were issued on a preferential basis at an issue price of ₹76 per share, which included a premium of ₹66 per share. Following this allotment, the company’s cumulative equity capital raised since inception reached ₹303.9 crore, including the current round.

All equity raised during FY26 has been contributed by promoters and existing shareholders. According to the company, this reflects continued participation by its current investor base.

The proceeds from the issue are planned for expansion of branch operations in selected markets, support for assets under management (AUM) growth, and further development of technology-enabled underwriting and risk management systems. The company operates a phygital model that combines physical distribution with data-based credit assessment to provide income-linked lending.

Commenting on the development, Mr. Deepak Aggarwal, Co-Founder and Co-CEO, Moneyboxx Finance, said, “This equity infusion of ₹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.”

Moneyboxx Finance Limited stated that it continues to work towards building a technology-enabled rural lending platform aimed at long-term engagement with customers and stakeholders.

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