New Delhi, July 17, 2024.
Non-banking financial company (NBFC) Moneyboxx Finance Ltd on Wednesday said it has garnered Rs 271 crore through issuance of equities to support its growth plans.
The capital raise includes Rs 158 crore through preferential equity issue and Rs 113 crore through equity warrants to both promoters and non-promoters, Moneyboxx Finance said in a statement.
Moneyboxx Finance is a BSE-listed NBFC that focuses on impact financing by providing business loans to micro entrepreneurs in Tier-III and below places.