What we do Moneyboxx Finance Limited is an RBI-registered NBFC providing secured and unsecured business loans to micro-enterprises in semi-urban and rural India, empowering MSMEs and driving economic growth. |
Founded in 1,994 |
Market share Operating across 12 states with 163 branches; growing lender network of 33 supports a ₹927 crore AUM as of March 2025. |
Problem solved Bridges financial gaps for micro and small enterprises underserved by traditional banks, enabling access to affordable credit and promoting entrepreneurship. |
Top clients or who we serve Micro and small business owners in livestock, kirana stores, retail trading, services, and manufacturing sectors in semi-urban and rural India; B2C focus. |
Key management Deepak Aggarwal (Co-CEO & CFO), Mayur Modi (Co-CEO & COO), experienced Chartered Accountants with financial services backgrounds. |
Our journey and innovations Founded 1994 as Dhanuka Commercial, rebranded 2019 to Moneyboxx; expanded from 1 to 163 branches; shifted focus to secured lending; introduced AI-powered cattle identification tools. |
Where we operate India, with operations in Rajasthan, Haryana, Punjab, Madhya Pradesh, Andhra Pradesh, Karnataka, Telangana, Tamil Nadu, and others. |
Top products or what we offer Secured and unsecured business loans ranging ₹1-10 lakh for micro-enterprises; growing secured loan book to 80% by 2027. |
Top brands Moneyboxx Finance - flagship NBFC offering microenterprise loans; Moneyboxx Foundation - CSR arm. |
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Recurring vs cyclical contribution Revenue predominantly from loan interest income, largely recurring as loans are serviced over fixed tenors. |
Our industry position Rated BBB/Stable by CRISIL and IND; strong capital adequacy ratio of 29.25%, growing presence in microfinance NBFC segment. |
Financial highlights Revenue Rs 199 crore FY25, Profit Rs 1.25 crore; 27% AUM growth to Rs 927 crore; diversified funding base with 33 lenders. |
Geographical revenue split Revenue primarily from operations across 12 Indian states, notably MP (29%), UP (17%), RJ (12%), PB (9%). |
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Whats driving growth Expansion of secured lending; technology-driven underwriting; diversified lender base; growth in MSME sector credit demand. |
Our future plans Target 80% secured loan portfolio by 2027; scale branch network; continue capital raising and improve operational efficiency. |
Our green promise Engages in sustainability initiatives via Moneyboxx Foundation, including agro-forestry and bio-gas digester programs. |
Our people and values Approximately 1,925 employees; focus on integrity, inclusivity, employee engagement, and empowering women borrowers (60%). |
Key challenges ahead Managing credit costs and asset quality as portfolio grows; controlling operating expenses; balancing growth with profitability. |
Interesting facts Proprietary AI cattle identification app reduces fraud; 223k+ borrowers transformed, 60% women, 21% new-to-credit clients. |
Risks and strategy Credit risk mitigation through secured lending and ML underwriting; cost reduction via diversified funding; continued regulatory compliance. |
