Loan & Debt17 Apr 2026, 12:15 pm
Moneyboxx Finance secures ₹35 Cr debt from STCI Finance & IndusInd Bank
AI Summary
Moneyboxx Finance Ltd, an NBFC focused on impact financing for small and micro entrepreneurs, has successfully onboarded STCI Finance Limited and IndusInd Bank as new lenders in March 2026. The company raised a total of ₹35 crore (INR 350 million) in debt funding, with ₹15 crore from STCI Finance and ₹20 crore from IndusInd Bank. This funding reflects continued support from established financial institutions and will enable Moneyboxx to expand its reach in semi-urban and rural areas, providing essential financial resources to micro-entrepreneurs. Moneyboxx is currently backed by 32 lenders and has raised over ₹12 billion in debt funding to date.
Key Highlights
- Moneyboxx Finance secured ₹35 crore in debt funding in March 2026.
- New lenders include STCI Finance (₹15 Cr) and IndusInd Bank (₹20 Cr).
- The funding will help expand reach in semi-urban and rural India.
- Moneyboxx is now backed by 32 lenders, raising over ₹1200 crore debt to date.