Moneyboxx Finance to raise Rs 100 crore this fiscal, first tranche likely in May

The non-banking finance company plans to raise the capital in two phases. It is in the process of raising Rs 20 crore next month from high-net worth individuals. This would be followed by another Rs 80 crore equity raising later in the fiscal from institutional investors, said Deepak Aggarwal, co-founder and co-chief executive officer.

source https://economictimes.indiatimes.com/industry/banking/finance/moneyboxx-finance-to-raise-rs-100-crore-this-fiscal-first-tranche-likely-in-may/articleshow/90894385.cms