StockWatch
·
Non Banking Financial Company (NBFC)
Loan & Debt1 Oct 2026, 10:50 am

Moneyboxx Finance Secures ₹84 Crore Debt Funding

AI Summary

Moneyboxx Finance Limited has successfully raised ₹84 crore in fresh debt funding. This includes ₹35 crore from existing lender Indian Overseas Bank and ₹20 crore from new banking partner Bandhan Bank, along with ₹29 crore from two NBFC lenders. Combined with a ₹60 crore NCD issuance earlier in September, the company has secured a total of ₹144 crore in debt funding for the month. This diversified funding, from public-sector banks, private banks, NBFCs, and capital-market investors, supports Moneyboxx's strategy to scale disbursements across MSME, solar, livestock, and digital lending, aiming for sustained AUM expansion and improved financial performance.

Key Highlights

  • Secured ₹84 crore in fresh debt funding.
  • Bandhan Bank joins as a new banking partner.
  • Total debt funding in September reaches ₹144 crore.
  • Funding supports scaling of disbursements across various lending segments.
  • Diversified funding base reflects growing lender confidence.