Funding · Financial Services

Scripbox plans to raise ₹170 crore via equity and debt

What they do

Scripbox plans to raise up to ₹170 crore via equity and debt to fund growth and an acquisition

Equity proceeds will support accelerated growth and IPO preparation, while debt will finance an IFA acquisition

The company reported a profit of ₹12.7 crore on revenue of ₹107.2 crore in FY25

Scripbox plans to raise up to ₹170 crore through a mix of equity and debt.
The equity portion is up to ₹60 crore from friends and family via equity, preference shares, or convertible instruments.
The debt portion is up to ₹110 crore from banks, financial institutions, or NBFCs.
Equity proceeds will support accelerated growth, strengthen the balance sheet, and prepare for an IPO.
Debt proceeds will finance the acquisition of an Independent Financial Advisor (IFA).
The board approved a draft business transfer agreement to buy the mutual fund distribution business of a Delhi-based IFA.
The acquisition involves purchasing the IFA's AMFI Registration Number (ARN) and associated client relationships.

Indian wealthtech startups raised over $634 million across 51 deals in 2024 and 2025.
In 2026, several wealthtech firms like Centricity, AssetPlus, and Wint Wealth have also raised funds.
Scripbox's move signals a trend of consolidation in the wealthtech space through acquisitions.

Scripbox is a digital wealth management platform for retail investors.
It offers investments in mutual funds, fixed deposits, US stocks, ETFs, and NPS.
The platform provides personalised investment and financial planning services.
It was founded in 2012 and has raised over $55 million to date.
In FY25, it reported an operating revenue of ₹107.2 crore, up 27% year-on-year.
It posted a profit of ₹12.7 crore in FY25.

Use equity proceeds to support accelerated growth and prepare for an IPO.
Use debt proceeds to acquire an Independent Financial Advisor's mutual fund distribution business.