Moneyboxx Finance has raised term loan of Rs 50.0 crore from three new lending partners, namely, Indian Overseas Bank, Bajaj Finserv, and Nabkisan Finance in Q3 FY25. Further, Rs 82.0 crore was raised from existing lending partners, namely, HDFC Bank, AU Small Finance Bank, Utkarsh Small Finance Bank and Wint Wealth in Q3 FY25.
The Company is supported by 30 lending partners, including prominent banks like State Bank of India, HDFC Bank and Kotak Mahindra Bank and has raised over Rs 1000 crore debt to date. Further, BC/CLM lending partnerships with financial institutions provide funding visibility.
Moneyboxx Finance is a Non Deposit taking Non-systemically Important Non-Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities.
