India, Sept. 28 -- Moneyboxx Finance Ltd, a listed NBFC focused on lending to underserved micro and small enterprises, has raised Rs 60 crore through the issuance of Non-Convertible Debentures (NCDs) subscribed by Choice Finserv, Vakrangee and Vivriti Capital.
The NCDs carry a coupon of 10.75% per annum, have a two-year tenor and are secured and rated BBB/Stable by CRISIL and India Ratings.
The fresh debt capital will support the company's growing disbursement pipeline across four key lending segments — secured MSME lending, livestock finance, rooftop solar finance and digital lending.
Moneyboxx is also expanding partnership-led origination channels, including Bachatt for digital lending, Akshayakalpa for dairy and livestock financ...