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Moneyboxx Finance raises Rs 33.4 Cr in equity to accelerate growth

EntrackrEntrackr · 15d ago
Moneyboxx Finance raises Rs 33.4 Cr in equity to accelerate growth
Medial

Moneyboxx Finance raises Rs 33.4 Cr in equity to accelerate growth Moneyboxx Finance, an NBFC focused on empowering underserved small and micro entrepreneurs in rural and semi-urban India, has raised Rs 33.4 crore through the allotment of equity shares. The fundraise strengthens the company’s capital base and positions it to accelerate its next phase of growth. A total of 44 lakh equity shares with a face value of Rs 10 each were allotted on a preferential basis at an issue price of Rs 76 per share, including a premium of Rs 66 per share. With this allotment, Moneyboxx Finance’s total equity capital raised since inception stands at Rs 303.9 crore, including this round. The proceeds will be used to expand branch presence across high-potential markets, support AUM growth, and further enhance technology-led underwriting and risk management systems. According to Moneyboxx, it has built a strong phygital model that combines deep on-ground distribution with data-driven credit assessment to deliver responsible, income-linked lending. The platform is focused on expanding its footprint while leveraging technology to enhance underwriting precision and operational efficiency. Moneyboxx Finance is a BSE-listed, RBI-registered Non-Systemically Important Non-Banking Financial Company (NBFC-ND-NSI) focused on providing small-ticket business loans (Rs 50,000–3,00,000) to micro and small enterprises in Tier-III and beyond cities. Launched in 2019 after acquiring Dhanuka Commercial, the company aims to drive financial inclusion for the “missing middle” in rural India, with around 160 branches across 12 states and a focus on essential segments.

Arthan Finance raises Rs 50 Cr in Series B round

EntrackrEntrackr · 1y ago
Arthan Finance raises Rs 50 Cr in Series B round
Medial

Non-banking financial company (NBFC) Arthan Finance has raised Rs 50 crore ($6 million) from investors such as Incofin India Progress Fund and the Michael and Susan Dell Foundation. Till date, Arthan Finance has raised Rs 83 crore ($10 million). Previous funding rounds saw participation from the founders, angel investors, and the Michael & Susan Dell Foundation. The proceeds will be used to boost the firm’s expansion and technological progress. This will also help Arthan Finance grow its Assets Under Management (AUM), expand its geographic footprint, and invest in advanced AI and ML-based underwriting systems, the company said in a press release. Founded by Kunal Mehta, Arthan Finance is a new age lending tech NBFC specializing in loans for self-employed nano and micro entrepreneurs. The firm currently operates in Maharashtra, Odisha, Andhra Pradesh, and Telangana, providing growth capital to self-employed nano and micro enterprises in tier II, III, and IV cities. The company claims to have disbursed over Rs 500 crore to more than 20,000 borrowers, with loan amounts ranging from Rs 2,000 to Rs 20 lakhs.

Emiza raises Rs 100 Cr in Series C round

EntrackrEntrackr · 1y ago
Emiza raises Rs 100 Cr in Series C round
Medial

Emiza raises Rs 100 Cr in Series C round Supply chain and warehousing startup Emiza has mopped up its Rs 100 crore (approximately $12 million) Series C funding round co-led by Evolvence India and Mirabilis Investment Trust. The round, which came at a valuation of Rs 400 crore (nearly $50 million), comprised a mix of primary and secondary investments, enabling exit for some early investors. The proceeds will be utilized to drive innovation, enhance warehouse technology, improve automation, and expand its footprint with new facilities, Emiza said in a press release. Co-founded in 2015 by Ajay Rao and Jitendra Kumar, Emiza provides logistics and delivery management solutions for e-commerce businesses. It offers warehousing and fulfillment solutions and uses technology and processes to optimize and manage the storage and distribution of inventory. Emiza states that it has emerged as a key enabler in this ecosystem, delivering customized warehousing and fulfilment solutions that elevate customer experiences and drive operational excellence for its partners. The company has recorded 40% year-on-year growth to Rs 102 crore during the fiscal year ended March 2024. However, the profits for the firm dwindled to Rs 2.6 crore in FY24, compared to Rs 4.98 crore in FY23.

Amagi raises Rs 805 Cr from anchor investor ahead of IPO

EntrackrEntrackr · 2m ago
Amagi raises Rs 805 Cr from anchor investor ahead of IPO
Medial

Amagi raises Rs 805 Cr from anchor investor ahead of IPO Adtech unicorn Amagi Media Labs has raised Rs 805 crore from anchor investors at the upper price band of Rs 361 per share, ahead of its IPO opening on January 13. According to regulatory filings, Amagi allotted over 2.22 crore equity shares to 42 anchor investors at Rs 361 per share to raise Rs 805 crore. The anchor book saw participation from a mix of leading domestic mutual funds and global institutional investors. Prominent names in the anchor round include SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Tata Mutual Fund, Motilal Oswal Mutual Fund, Franklin Templeton, along with global institutions such as Goldman Sachs, Societe Generale, Fidelity, and others. Domestic mutual funds accounted for a sizeable portion of the anchor allocation, underlining strong local institutional confidence. The Bengaluru-based company’s Rs 1,789 crore IPO comprises a fresh issue as well as an offer-for-sale (OFS) by existing investors. Proceeds from the fresh issue will be used to strengthen Amagi’s technology and data stack, expand its global footprint, and pursue strategic acquisitions, while the OFS will provide partial exits to early and late-stage investors. The issue will open for subscription on January 13 and close on January 16. The company has fixed the lot size at 41 shares, translating to a minimum retail investment of around Rs 14,800 at the upper end of the price band. Founded in 2008, Amagi operates a cloud-managed advertising platform focused on connected TV (CTV) and programmatic advertising, enabling brands to run targeted campaigns across streaming platforms. The company derives a majority of its revenue from international markets, particularly the US. On the financial front, Amagi has continued to scale rapidly. For the fiscal year ended March 2025 (FY25), the company reported revenue of around Rs 1,162 crore. During the first half of the ongoing fiscal year (H1FY26), the company posted Rs 706 crore revenue with profits of Rs 6.5 crore. At the upper end of the price band, Amagi is expected to command a post-issue valuation of over Rs 7,800 crore.

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