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.

from Banking/Finance-Industry-Economic Times https://ift.tt/gUXKp36