Europe’s Vaalon Capital has picked up a minority stake in New Delhi-based MyMoneyMantra (MMM) for ₹104 crore. MMM will use the funds to expand its footprint. MMM, founded in 1989 by Raj Khosla, works in partnership with financial institutions to distribute various products, such as secured and unsecured loans, insurance policies, credit cards and mortgages, through its online and physical distribution network.