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To boost growth, Moneyboxx Finance raised Rs 33.4 Cr in equity

Through the distribution of equity shares, Moneyboxx Finance, an NBFC dedicated to empowering underprivileged small and micro entrepreneurs in rural and semi-urban India, has raised Rs 33.4 crore.

The company’s capital base is strengthened by the fundraising, which also puts it in a better position to accelerate its next stage of expansion. At an issue price of Rs 76 per share, including a premium of Rs 66 per share, 44 lakh equity shares with a face value of Rs 10 each were distributed preferentially.

With this allocation, Moneyboxx Finance has raised a total of Rs 303.9 crore in equity capital since its founding. Promoters and current shareholders contributed all of the equity raised in FY26, demonstrating their strong faith in the company’s growth prospects and business model.

The money raised will be used to support AUM growth, increase branch presence in high-potential markets, and improve technology-driven underwriting and risk management systems.

In order to provide responsible, income-linked lending, Moneyboxx claims to have developed a robust physical model that combines data-driven credit assessment with deep on-ground distribution. The platform is committed to growing its reach while utilizing technology to improve operational effectiveness and underwriting accuracy.

Moneyboxx Finance is a BSE-listed, RBI-registered Non-Systemically Important Non-Banking Financial Company (NBFC-ND-NSI) that specializes in offering micro and small businesses in Tier-III and other cities small-ticket business loans (Rs 50,000–3,00,000).

With about 160 branches spread across 12 states and an emphasis on key markets, the company was founded in 2019 after acquiring Dhanuka Commercial with the goal of promoting financial inclusion for the “missing middle” in rural India.

 

 

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