April 20, 2026 | India Fintech & NBFC News – Moneyboxx Finance Limited, a non-banking financial company focused on impact financing for micro and small enterprises, has secured ₹35 crore in term funding from multiple lenders, including IndusInd Bank and STCI Finance Limited.
The funding includes:
- ₹15 crore from STCI Finance Limited (sanctioned February 27, 2026)
- ₹20 crore from IndusInd Bank (sanctioned March 23, 2026)
This capital infusion is set to strengthen the company’s lending capabilities and expand its reach across semi-urban and rural India.
Focus on Financial Inclusion & Rural Growth
The latest funding round will enable Moneyboxx Finance Limited to:
- Expand its loan portfolio for micro and small businesses
- Increase penetration in underserved rural and semi-urban regions
- Support entrepreneurs with access to timely credit
The company continues to focus on empowering grassroots entrepreneurs in sectors such as livestock, retail, and small-scale manufacturing.
Leadership Comment
Deepak Aggarwal, Co-founder and Co-CEO, highlighted that the funding reflects strong confidence from institutional lenders.
He noted that the additional capital will help the company scale operations and extend financial support to micro-entrepreneurs, driving economic development in underserved regions.
Strong Backing from Leading Financial Institutions
Moneyboxx Finance Limited is supported by a network of 32 lenders, including major financial institutions such as:
- HDFC Bank
- Kotak Mahindra Bank
To date, the company has raised over ₹12 billion in debt funding, demonstrating sustained investor confidence in its business model.
Expanding Footprint Across India
The company currently operates a network of 150+ branches across 12 states, including:
- Rajasthan
- Uttar Pradesh
- Madhya Pradesh
- Bihar
- Gujarat
- Telangana
- Tamil Nadu, among others
It provides secured and unsecured business loans ranging from ₹1 lakh to ₹25 lakh, catering to:
- Kirana store owners
- Retail traders
- Livestock farmers
- Micro and small manufacturers
About Moneyboxx Finance
Moneyboxx Finance Limited is a listed, non-deposit taking NBFC focused on delivering small business loans to underserved entrepreneurs in India.
By combining technology-driven lending with on-ground presence, the company aims to bridge the credit gap and promote inclusive economic growth.
Ruchi Kumar is the associate editor at Entrepreneur News Network and TVW News India, where she leads editorial strategy, brand storytelling, and startup ecosystem coverage. With a strong focus on innovation, business, and marketing insights, he curates impactful narratives that spotlight India’s evolving entrepreneurial landscape. She has written extensively on fintech, AI and emerging startups.