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MONEYBOXX FUNDING
Vets in its branch: MSME lender Moneyboxx tries a different approach to lendingDeepak Aggarwal, Co-founder, Co-CEO, and CFO of Moneyboxx, says that the company aims to go beyond merely providing loans, focusing on fina...- Lending platform Moneyboxx raises Rs 24 crore equity capital in fundingWith this funding round, the company said it has raised capital of Rs 48.4 crore in 2022-23 (including warrants of Rs 3.36 crore) and a tot...
- Stocks in the news: Paytm, Wipro, Auro Pharma, Timken, Page Industries and NykaaJapan's SoftBank is looking to sell shares of Paytm parent One97 Communications worth $200 million through a block deal. BofA Securities is...
- Why quick deliveries are getting slower; MeitY proposes changes to IT rulesQuick delivery firms were all the rage in 2021, when liquidity abounded and tech valuations hit record highs. In 2022, though, these compan...
- Fintech firm Moneyboxx raises Rs 21 crore to fund expansionThis comes after the NBFC had raised ₹14.42 crore in equity funding in December 2021. The company is looking to raise around Rs 100 crore b...
- Moneyboxx Finance to raise Rs 100 crore this fiscal, first tranche likely in MayThe non-banking finance company plans to raise the capital in two phases. It is in the process of raising Rs 20 crore next month from high-...
- Stocks in the news: Airtel, NTPC, Raymond, L&T and Tata PowerL&T Construction, the construction infrastructure arm of L&T, has won a significant order from Delhi Metro Rail Corporation to design and c...
- Stocks in the news: Airtel, GAIL, Bandhan Bank, L&T and ThermaxAirtel Payments Bank said it has been categorised as a scheduled bank by the Reserve Bank of India (RBI).
- Moneyboxx raises Rs 14.41 crore equity to fund AUM growthMoneyboxx, which doubled its branch network to 22 in FY21, entered Uttar Pradesh by opening its branch in Agra.
- Stocks in the news: KIMS, Dodla, NTPC, Lupin, Affle and IndigoNational Aluminium, Graphite India, NLC India, IFCI, Triveni Turbine, Welspun Corp, Kiri Industries, Tamilnadu Petroproducts will announce ...
- RBI's moves nuanced, address both economic and public health concerns: BankersSBI Chairman Dinesh Kumar Khara said the unscheduled statement from Governor Shaktikanta Das has targeted moves to alleviate the troubles f...
- Moneyboxx Finance raises Rs 25 crore from NBFCs, small finance banksMBFL plans to utilize the proceeds to support its disbursement target in the current and upcoming financial year.
- RBI announcements reflect its commitment to take economy on growth path: Industry expertsEarlier in the day, RBI Governor Shaktikanta Das said the MPC voted to continue with the accommodative stance.
- RBI likely to maintain status quo on interest rate, say expertsThe six-member MPC headed by RBI Governor is scheduled to meet for three days starting February 3. The resolution meeting would be announce...
- NBFCs seek continued liquidity support in upcoming BudgetTo mitigate the impact of COVID-19 on NBFC sector, the government and Reserve Bank of India (RBI) have announced various schemes such as th...
- Moneyboxx Finance raises debt of Rs 10 crore from Eclear LeasingMoneyboxx is targeting to raise Rs 100 crore from various lenders. It is also in the final stages of securing another Rs 30 crores by end o...
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