SME Lender Moneyboxx Bags $1.3 Mn Venture Debt From BlackSoil, Others
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Tech-focussed SME lender Moneyboxx Finance has raised INR 10 Cr ($1.3 Mn) in debt funding from BlackSoil Capital, Caspian Impact Investments and Ashv Finance. The Bombay Stock Exchange (BSE)-listed non-banking finance company (NBFC) plans to use this funding to support its disbursement target of INR 75 Cr in the current fiscal year 2021.