BSE-listed non-banking financing company Moneyboxx raised Rs 21 crore from non-promoter investors


Bombay Stock Exchange (BSE)-listed non-banking financing company (NBFC) Moneyboxx raised Rs 21 crore by way of private placement from non-promoter investors.


Moneyboxx offers unsecured and secured business loans to individuals in tier 3 cities and beyond, including kirana owners, traders, and micro manufacturers. The funds will be used by the fintech company to expand its operations and capitalise on growth. It offers loans ranging from 70,000 to 7 lakh rupees.

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