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Funding · Financial Services

Moneyboxx raises ₹33.4 crore via share allotment

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Date
Company
Moneyboxx Finance
What it does
Small business loans for micro enterprises
Kind
Funding
Amount
₹33.4 crore
Stage
preferential allotment
Sector
Financial Services

What they do

Moneyboxx Finance is a listed NBFC (non-bank lender) providing small business loans to micro enterprises in semi-urban and rural India

What happened

It raised ₹33.4 crore through a preferential allotment of 44 lakh equity shares at ₹76 each, entirely from promoters and existing shareholders

Why it matters

The funds will expand branches, support AUM (assets under management) growth, and enhance technology-led underwriting and risk management

The details

  • Moneyboxx Finance raised ₹33.4 crore through a preferential allotment of 44 lakh equity shares at ₹76 per share.
  • The share price includes a face value of ₹10 and a premium of ₹66.
  • The entire FY26 equity raise came from promoters and existing shareholders.
  • Proceeds will fund branch expansion, support AUM growth, and improve technology-led underwriting and risk management.
  • This brings total equity capital raised since inception to ₹303.9 crore.
  • The company is a listed NBFC (non-bank financial company) focused on small business loans.

The bigger picture

  • The fundraise signals promoter confidence in the company's growth trajectory.
  • It comes as Moneyboxx expands its branch network across 12 states.
  • The focus on technology-led underwriting aims to improve credit assessment in rural markets.
  • The company's phygital model (physical and digital) supports deep on-ground distribution.

About the business

  • Moneyboxx Finance provides small business loans to micro enterprises in semi-urban and rural India.
  • It operates 150+ branches across 12 states, including Tamil Nadu, Gujarat, Punjab, Andhra Pradesh, Karnataka, Chhattisgarh, and Telangana.
  • Loan amounts range from ₹1 lakh to ₹25 lakh.
  • The company uses a phygital model combining physical branches with digital tools.
  • It offers Vyapaar Loans (secured and unsecured), Renewable Energy Loans, and the Sikka App.
  • Cumulative disbursements exceed ₹22,450 million, with 60% women borrowers and 223,000+ borrowers funded.
  • It introduced muzzle recognition technology for cattle identification to support rural credit and insurance.

What happens next

  • Expand branch presence across existing states.
  • Support AUM growth through increased lending.
  • Enhance technology-led underwriting and risk management systems.

The deal

Type
Preferential allotment

Investors

  • Promoters and existing shareholders (investor) — Existing shareholders of Moneyboxx Finance who participated in the preferential allotment.

Founders

  • Deepak Aggarwal, Co-Founder and Co-CEO
  • Mayur Modi, Co-Founder

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