
Loan & Debt21 Jul 2026, 01:17 pm
Moneyboxx Finance Raises ₹500M via NCDs, Total ₹700M in 4 Months
AI Summary
Moneyboxx Finance Limited announced the successful raise of INR 500 million through Non-Convertible Debentures (NCDs), subscribed by Capri Global Capital. This issuance brings the total funds raised via NCDs in the first four months of FY27 to INR 700 million. The company stated that this debt capital raise demonstrates strong confidence in its business model and growth prospects. The funds will be utilized to enhance outreach and provide financial support to small and micro-entrepreneurs in rural and semi-urban India. Moneyboxx Finance currently has a network of over 150 branches across 12 states and has raised over INR 15 billion in debt to date from 34 lenders.
Key Highlights
- Moneyboxx Finance raised INR 500 million via NCDs from Capri Global Capital.
- Total NCD fundraising in FY27's first 4 months reaches INR 700 million.
- Funds will support micro-entrepreneurs in rural and semi-urban areas.
- Company has raised over INR 15 billion in debt to date.
- Demonstrates strong confidence in the company's business model and growth.
Price Impact
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