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Funding · Financial Services

Moneyview raises ₹100 crore in debt funding for IPO plans

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Moneyview logo
Date
Company
Moneyview
What it does
digital lending platform
Kind
Funding
Amount
₹100 Cr
Stage
debt
Based in
Bengaluru
Founded
2014
Sector
Financial Services

What they do

Moneyview is a digital lending platform offering personal loans, credit cards, and financial management tools to over 65 million users

What happened

The company raised ₹100 crore (about $11.4 million) in debt from RevX Capital, Motilal Oswal, and others, with RevX leading the round with ₹45 crore

Why it matters

Moneyview is preparing for a potential IPO and aims to raise up to ₹3,400 crore through it, with Axis Capital and Kotak Mahindra as banking partners

The details

  • Moneyview has raised ₹100 crore (about $11.4 million) in debt funding from RevX Capital, Motilal Oswal, Arthos Corporate, and ElectroMech India.
  • RevX Capital led the round with ₹45 crore, while Motilal Oswal contributed ₹40 crore.
  • The company issued 100 non-convertible debentures (NCDs) at ₹1 crore each to raise the total amount.
  • Moneyview is preparing for a potential initial public offering (IPO) and plans to raise up to ₹3,400 crore through it.
  • The company has appointed Alpana Parida, Sameer Kumar Baiswala, and Anil Berera as non-executive independent directors.
  • Moneyview is a Tiger Global-backed company and has raised over $240 million in previous rounds from investors like Accel, Tiger Global, and Ribbit Capital.

The bigger picture

  • Moneyview is expanding its services to include digital bank accounts, insurance, and wealth management, indicating a broader financial services strategy.
  • The company reported a 74% year-on-year increase in revenue for FY25 and a 40% growth in profits to ₹240 crore.
  • Moneyview has over 65 million users and more than 5 crore app downloads, showing strong market penetration.
  • The company entered the unicorn club in September 2024 after raising $4.6 million from Accel and Nexus Venture Partners.

About the business

  • Moneyview is a digital lending platform offering personal loans, credit cards, BNPL, and financial management tools.
  • The company partners with over 15 lenders to provide instant loans, home loans, business loans, and digital gold.
  • Moneyview also offers fixed deposits, motor insurance, and credit tracking services through its partners.
  • The platform has over 65 million users and more than 5 crore app downloads, with a 4.8 Google rating.
  • Moneyview operates in 18,400+ pincodes and is ISO 27001:2022 certified for data security.

What happens next

  • Moneyview plans to expand into digital bank accounts, insurance, and wealth management services.
  • The company is preparing for an IPO and aims to raise up to ₹3,400 crore through it.
  • Moneyview has appointed Axis Capital and Kotak Mahindra as its banking partners for the IPO.

The deal

Type
debt

Investors

  • RevX Capital (lead) — A venture capital firm focused on early-stage technology investments.
  • Motilal Oswal (investor) — A financial services company and investment firm.
  • Arthos Corporate (investor) — A corporate entity involved in financial investments.
  • ElectroMech India (investor) — A company engaged in manufacturing and industrial services.

Founders

  • Rahul Chaudhary, co-founder and CEO
  • Ankur Jain, co-founder and CTO

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