INDIA —Indian non-banking financial company Moneyboxx Finance Limited has secured INR 600 million in debt capital through the issuance of secured Non-Convertible Debentures (NCDs). The two-year instruments carry a coupon rate of 10.75% per annum and were subscribed by institutional investors including Choice Finserv, Vakrangee, and Vivriti Capital. Rated BBB/Stable by CRISIL and India Ratings, the debt issuance provides fresh liquidity to support the firm’s expanding credit disbursement pipeline across semi-urban and rural markets.
Moneyboxx Finance Limited is a RBI-registered, non-deposit-taking NBFC listed on Indian stock exchanges, specializing in providing credit to micro and small enterprises in underserved markets through a technology-enabled phygital distribution network. The company operates across multiple lending segments, including secured micro, small, and medium enterprise (MSME) loans, livestock finance, rooftop solar funding, and digital credit solutions.
The capital injection addresses the growing credit demand in India's informal and micro-enterprise sector, where access to formal institutional financing remains constrained. By augmenting its debt liquidity, Moneyboxx is positioning itself to scale assets under management (AUM) while broadening financial inclusion across underserved rural regions. The fundraising highlights sustained institutional investor appetite for structured debt issued by niche, micro-focused non-bank lenders with strong asset quality metrics.
This fresh liquidity will directly accelerate loan originations across both direct branch channels and strategic partnership networks, including integrations with Bachatt for digital lending, Akshayakalpa for livestock finance, and Loom Solar for rooftop solar initiatives. Strategic focus on higher-ticket secured lending assets is expected to fortify the company's credit profile, optimize capital efficiency, and support multi-engine balance sheet expansion for investors and stakeholders across the financial inclusion ecosystem.
