Fundraising Details
Moneyboxx Finance Limited has raised INR 500 million (₹50 crore) through Non-Convertible Debentures (NCDs). The NCDs were subscribed by Capri Global Capital. This fundraising brings the total amount raised via NCDs in the first 4 months of FY27 (April-July 2026) to INR 700 million (₹70 crore).
Purpose of Funds
The increased debt capital will be used to enhance the company's outreach and impact in rural and semi-urban India. The funds will provide vital financial support to small and micro-entrepreneurs and contribute to their economic empowerment.
Lender Relationships and Debt History
The company is supported by 34 lenders, including prominent banks such as State Bank of India, HDFC Bank, and Kotak Mahindra Bank. Moneyboxx Finance has raised over INR 15 billion (₹1,500 crore) in total debt to date.
Business Overview
Moneyboxx Finance Limited is a listed, non-deposit taking, Base-Layer NBFC engaged in providing business loans to small and micro enterprises with a focus on semi-urban and rural India. The company has a network of over 150 branches spread across 12 states: Rajasthan, Madhya Pradesh, Haryana, Punjab, Uttar Pradesh, Chhattisgarh, Bihar, Gujarat, Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu.
Target Market and Product Offering
The company caters to underserved small and micro entrepreneurs in essential segments including livestock, kirana, retail traders, and micro and small manufacturers. It extends both secured and unsecured business loans ranging from INR 1 lakh to 25 lakh.
Strategic Significance
The NCD fundraising demonstrates strong confidence in the company's business model and growth prospects, enabling expansion of financial services to underserved segments of the Indian economy.