Moneyboxx Finance raises INR 350 million from IndusInd Bank and STCI Finance

 

New Delhi : Moneyboxx Finance Limited (Moneyboxx), a non-Banking Finance Company dedicated to impact financing for small and micro entrepreneurs in semi-urban and rural India, has secured total term funding of INR 350 million from multiple lenders.

The funding includes INR 15 crore from STCI Finance Limited, sanctioned on February 27, 2026, and INR 20 crore from IndusInd Bank, sanctioned on March 23, 2026, reflecting strong continued support from established financial institutions. This infusion of capital is expected to further strengthen Moneyboxx’s lending capabilities and enhance its ability to scale operations across semi-urban and rural markets, enabling the company to deepen its outreach among underserved micro and small enterprises while maintaining its growth momentum.

Commenting on the successful fundraise, Mr. Deepak Aggarwal, Co-founder and Co-CEO, Moneyboxx Finance Ltd, said, “We are encouraged to receive strong 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.”

Moneyboxx is backed by 32 lenders, including leading institutions such as HDFC Bank and Kotak Mahindra Bank, and has raised over INR 12 billion in debt funding to date.

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