Moneyview raising $30 Mn debt via private placement
Moneyview, a Bengaluru-based lending platform, is set to raise Rs 250 crore ($30 million) through debt via private placements, marking its first si... View MoreMoneyview raising $30 Mn debt via private placement
Moneyview, a Bengaluru-based lending platform, is set to raise Rs 250 crore ($30 million) through debt via private placements, marking its first significant debt round in three years. The funds will be allocated for growth, working capital, and general corporate purposes. The company is also nearing unicorn status, with plans to raise $50-60 million from new and existing investors, including Apis Partners, Accel Partners, and Evolvence India. To date, Moneyview has raised around $190 million and was valued at $900 million in its last equity round. The firm, which offers various financial services and products, reported a revenue increase to Rs 577 crore and a profit surge to Rs 163 crore for FY23.
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https://entrackr.com/2024/09/exclusive-moneyview-raising-30-mn-debt-via-private-placement/
Exclusive: Moneyview raising $30 Mn debt via private placement
Lending platform Moneyview is receiving Rs 250 crore (approximately $30 million) in debt through private placements.
Moneyview set to turn unicorn in Series F round
Bengaluru-based Moneyview is nearing unicorn status as it finalizes a new funding round of $50-60 million from new and existing investors, including Ap... View MoreMoneyview set to turn unicorn in Series F round
Bengaluru-based Moneyview is nearing unicorn status as it finalizes a new funding round of $50-60 million from new and existing investors, including Apis Partners and Accel. This Series F round will push the company's valuation over $1 billion. Moneyview, which offers personal and home loans, credit cards, and loans against property, has raised nearly $190 million to date. The company's revenue grew 2.6x to Rs 577 crore in FY23, with profits surging 27x. Moneyview is also set to acquire a mid-stage fintech company.
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https://entrackr.com/2024/07/exclusive-moneyview-set-to-turn-unicorn-in-series-f-round/
Exclusive: Moneyview set to turn unicorn in Series F round
Moneyview is likely to turn into a unicorn as the Bengaluru-based firm appears close to finalizing a new round from new and existing investors
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