Moneyboxx Finance Limited

Moneyboxx Finance Ltd (MFL) is a non-deposit-taking, Base Layer NBFC registered with the Reserve Bank of India and listed on the Bombay Stock Exchange. The company provides small-ticket business loans to micro and small enterprises, primarily in Tier III and smaller cities. Since commencing operations in 2019, MFL has steadily expanded its presence across multiple states, focusing on underserved geographies. It operates through a branch-based model while scaling its business with a continued emphasis on financial inclusion and sustainable lending. MFL was founded by Mayur Modi and Deepak Aggarwal, who bring extensive experience from institutions such as HSBC, JP Morgan, Bank of America, Deutsche Bank, and KPMG. Their expertise has helped build a robust risk management framework supported by a digitally driven operating model. The leadership team, with an average experience of over two decades, has been instrumental in expanding the company’s footprint while maintaining asset quality. MFL also maintains a comfortable capital position, backed by consistent equity infusions. The company primarily extends credit to micro-enterprises, with a significant share of its portfolio catering to sectors such as livestock, retail, manufacturing, and trading. It has further diversified its offerings through secured business loans against property while continuing its geographic expansion to strengthen financial inclusion.