Moneyboxx Finance Raises Rs 33.4 Crore in Equity to Accelerate Growth and Strengthen Capital Base
Moneyboxx Finance Limited, a listed NBFC focused on empowering underserved small and micro entrepreneurs in rural and semi-urban India, successfully raised Rs 33.4 crore through allotment of equity shares. The fundraise strengthened the company’s capital base and positioned it to accelerate its next phase of growth. 44 lakh equity shares of face value Rs 10 each on were allotted on a preferential basis at an issue price of Rs 76 per share, including a premium of Rs 66 per share.
With this allotment, Moneyboxx Finance’s total equity capital raised since inception stood at Rs 303.9 crore, including this round. The entire equity raised in FY26 has come from promoters and existing shareholders, underlining their strong confidence in the company’s business model and growth prospects.
The proceeds were earmarked to expand branch presence across high-potential markets, support AUM growth, and further enhance technology-led underwriting and risk management systems. Moneyboxx has built a strong phygital model that combines deep on-ground distribution with data-driven credit assessment to deliver responsible, income-linked lending.
Commenting on the development, Mr. Deepak Aggarwal, Co-Founder and Co-CEO, 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.”
Moneyboxx Finance Limited remained committed to building a resilient, technology-enabled rural lending platform that delivered long-term value to customers and stakeholders.
Above views are of the author and not of the website kindly read disclaimer
