Archive · 22 Jan 2026
Moneyboxx Launches AI Muzzle Tech for Cattle Identification
Moneyboxx, a company that gives loans, has created a special app that uses AI to recognize each cow or buffalo by taking pictures of their faces.
This helps them give loans to farmers more quickly and accurately.
The app can also tell the age and breed of the cattle, which helps in assessing risks and preventing fraud.
Moneyboxx is working with the Gates Foundation to make the loan process even faster, aiming to give loans in just 15 minutes.
They also help farmers by giving advice on taking care of their cattle and providing free saplings.
This technology is important for both loan and insurance companies to avoid fraud and better manage their risks.
Moneyboxx Financial Ltd developed an AI-based muzzle technology to uniquely identify cattle in their portfolio of 6 lakh animals.
The technology uses an app to take photos of the cattle's muzzle and side to create a unique ID, aiding in breed and age identification.
Moneyboxx is piloting a project to issue loans within 15 minutes, using a model that calculates farmers' income and expenditure.
The NBFC provides cattle loans to 40,000 farmer families, with the customer's house serving as collateral.
Moneyboxx's revenue is ₹250 crore, with plans to reach ₹1,600 crore in assets under management by the next fiscal year.
- Who
- Moneyboxx Financial Ltd, an NBFC
- What
- Developed AI muzzle technology for unique cattle identification and a pilot project for 15-minute loan issuance
- When
- Technology developed over 1.5 years, pilot project ongoing for over 6 months
- Where
- India, with expansion into the southern region
- Why
- To improve cattle identification, streamline loan processes, and support financial inclusion for farmers
- Company
- Moneyboxx Financial Ltd
- Technology
- AI-based muzzle identification
- Cattle in Portfolio
- 6 lakh
- Loan Issuance Time
- 15 minutes (pilot project)
- Collateral
- Customer's house
- Revenue
- ₹250 crore
- Assets Under Management
- ₹1,000 crore (target for March 2026)
- Portfolio Composition
- 60% cattle loans