Moneyboxx Finance opens new branch office in Karnataka

0 min read     Updated on 23 May 2026, 03:27 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Moneyboxx Finance Limited has opened a new branch office in Karnataka at Ramnagara. The disclosure was made under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015.

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moneyboxx finance has opened a new branch office in the state of Karnataka. The branch is situated at No 78-5, Ward No-26, 2nd Floor, Kempe Gowda Circle, Magadi Road, Geetanjali Bada Vane, Ramnagara – 562159.

Expansion Details

The new office marks an addition to the company's physical presence in the region. The location in Ramnagara serves as the latest point of operations for Moneyboxx Finance Limited.

Regulatory Compliance

The intimation regarding the opening of the branch was submitted in accordance with Regulation 30 and other applicable regulations of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015. The information will be hosted on the company's official website.

Detail Information
Location Ramnagara, Karnataka
Address No 78-5, Ward No-26, 2nd Floor, Kempe Gowda Circle, Magadi Road, Geetanjali Bada Vane
Pincode 562159

Historical Stock Returns for Moneyboxx Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+3.28%-0.18%-1.92%+5.55%-8.42%-8.42%

How many additional branch openings does Moneyboxx Finance plan across Karnataka and other southern states in the next 12-18 months?

Will the Ramnagara branch expansion translate into measurable growth in Moneyboxx Finance's loan disbursement volumes and revenue in the Karnataka market?

How does Moneyboxx Finance's geographic expansion strategy compare to competitors in the MSME and microfinance lending space in tier-2 and tier-3 markets?

Moneyboxx Finance Raises INR 350 Million from STCI Finance and IndusInd Bank

1 min read     Updated on 17 Apr 2026, 12:28 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Moneyboxx Finance Limited successfully onboarded two new lenders in March 2026, raising INR 350 million to expand its reach in semi-urban and rural markets. The funding includes INR 15 crore from STCI Finance Limited and INR 20 crore from IndusInd Bank, bringing the company's total lender network to 32 institutions with over INR 12 billion in cumulative debt funding.

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Moneyboxx Finance Limited has announced a significant funding milestone by onboarding two prominent financial institutions as new lenders in March 2026. The company successfully raised INR 350 million through partnerships with STCI Finance Limited and IndusInd Bank, marking a strategic expansion of its lending network.

Funding Breakdown

The total fundraise of INR 350 million comprises contributions from both new lending partners, strengthening the company's funding ecosystem for its operations in semi-urban and rural India.

Funding Details: Amount
STCI Finance Limited: INR 15 crore
IndusInd Bank: INR 20 crore
Total Funding Raised: INR 350 million
Timeline: March 2026

Management Commentary

Commenting on the successful fundraiser, Mr. Deepak Aggarwal, Co-founder and Co-CEO of Moneyboxx Finance Limited, expressed confidence in the company's growth trajectory. "We are encouraged to receive consistent support from leading financial institutions, which underscores confidence in our business model and growth trajectory. This additional debt capital will help us further extend our reach in semi-urban and rural areas, empowering micro-entrepreneurs with essential financial resources and contributing to their economic advancement," he stated.

Company's Lending Network

Moneyboxx Finance now operates with an extensive network of 32 lenders, including established institutions such as HDFC Bank and Kotak Mahindra Bank. The company has successfully raised over INR 12 billion in debt funding to date, demonstrating strong institutional confidence in its business model.

Network Overview: Details
Total Lenders: 32 institutions
Notable Partners: HDFC Bank, Kotak Mahindra Bank
Total Debt Raised: Over INR 12 billion
Branch Network: 150+ branches across 12 states

Business Focus

As a listed, non-deposit taking Base-Layer NBFC, Moneyboxx Finance specializes in providing small business loans to micro enterprises across semi-urban and rural India. The company operates through 150+ branches spread across 12 states including Rajasthan, Madhya Pradesh, Haryana, Punjab, Uttar Pradesh, Chhattisgarh, Bihar, Gujarat, Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu. It serves underserved small and micro entrepreneurs in essential segments such as livestock, kirana, retail traders, and micro manufacturers by extending secured and unsecured business loans ranging from INR 1 to 25 lakh.

Historical Stock Returns for Moneyboxx Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+3.28%-0.18%-1.92%+5.55%-8.42%-8.42%

How will Moneyboxx Finance utilize the INR 350 million funding to expand its branch network beyond the current 12 states?

What impact might the growing competition from fintech lenders have on Moneyboxx's market share in rural microfinance?

Could Moneyboxx Finance consider diversifying into digital lending platforms to complement its traditional branch-based model?

More News on Moneyboxx Finance

1 Year Returns:-8.42%