Moneyboxx Finance Expands Rural Lending, Raises Rs 237 Crore

  Published 1 year ago

Moneyboxx Finance raises Rs 237 crore in NCDs, expanding rural business loans with 163 branches across 12 states.

  • Secured by 32 lenders, including SBI and HDFC, the total debt raised exceeds Rs 1,100 crore to date.
  • Focuses on livestock, retail, and micro, manufacturing loans from Rs 1-15 lakh for underserved entrepreneurs.
  • Operates in rural and semi-urban India, aiming to boost financial inclusion through impact financing.

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