Moneyboxx Finance raises Rs 176 crore

New Delhi, September 13, 2024.

Moneyboxx Finance, a NBFC providing business loans to micro entrepreneurs, on Friday said it raised Rs 176 crore to support growth plans.

In a filing to BSE, the company announced the allotment of equity shares and warrants convertible to equity amounting to Rs 176 crore.

The capital raise includes Rs 63 crore via preferential equity issue and Rs 113 crore via equity warrants from both promoters and non-promoters.