2 days ago
Moneyboxx Finance Secures ₹84 Crore Fresh Debt Funding
Moneyboxx Finance is a company that lends money to small and medium-sized businesses.
It raised ₹84 crore through new loans from banks and other financial companies.
Indian Overseas Bank provided ₹35 crore, while Bandhan Bank provided ₹20 crore.
Two NBFC lenders provided the remaining ₹29 crore.
The company had already raised ₹60 crore through bonds earlier in September.
This brought its total September debt funding to ₹144 crore.
Moneyboxx says it will use the money to give out more loans.
It is also expanding into solar energy, livestock, and digital lending.
The company said these efforts are intended to help its business and assets grow.
Moneyboxx Finance announced ₹84 crore in fresh debt funding on October 1, 2026.
The funding includes ₹35 crore from Indian Overseas Bank, ₹20 crore from Bandhan Bank, and ₹29 crore from two NBFC lenders.
Including a ₹60 crore NCD issuance earlier in September, Moneyboxx raised ₹144 crore in debt funding during the month.
The company plans to use the capital to increase disbursements and expand its secured MSME loan book.
Moneyboxx is developing lending partnerships in rooftop solar, dairy and livestock finance, and digital lending.
- Who
- Moneyboxx Finance Limited, Indian Overseas Bank, Bandhan Bank, and two NBFC lenders.
- What
- Moneyboxx Finance secured ₹84 crore in fresh debt funding.
- Where
- The announcement was reported from Mumbai.
- When
- October 1, 2026; the company’s total stated debt funding relates to September 2026.
- Why
- The funding will support higher loan disbursements, secured MSME lending, and expansion into solar, livestock, and digital lending.
Key facts
- Fresh debt funding
- ₹84 crore
- Indian Overseas Bank funding
- ₹35 crore
- Bandhan Bank funding
- ₹20 crore
- Two NBFC lenders
- ₹29 crore
- Earlier September NCD issuance
- ₹60 crore
- Total September debt funding
- ₹144 crore
- New lending partnerships
- Loom Solar for rooftop solar finance, Akshayakalpa for dairy and livestock finance, and Bachatt for digital lending
Sources
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