BSE listed NBFC Moneyboxx Finance raises debt of Rs 10Cr from BlackSoil, Caspian, and others

Date posted: Tuesday 22 December 2020

Moneyboxx Finance Ltd (MBFL), a BSE listed non-banking finance company that provides small-ticket loans to micro and small enterprises in Tier-II and III towns, on Monday announced it raised Rs 10 crore from three NBFCs — BlackSoil Capital, Caspian Impact Investments, and Ashv Finance Pvt Ltd. The NBFC plans to utilise the proceeds to support its disbursement target of Rs 75 crore in the current fiscal, which will be two times of its lending in 2019-20.

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