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 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.

#Entrackr #Moneyview #DebtFunding #StartupFunding #Fintech #BengaluruStartups #PersonalLoans #FinancialGrowth #StartupNews #IndianStartup #Fintrackr #Startup

https://entrackr.com/2024/09/exclusive-moneyview-raising-30-mn-debt-via-private-placement/

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 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.

#Moneyview #Entrackr #Fintrackr #News #StartupNews #IndianStartup #UnicornStartup #Fintech #InvestmentNews #FundingRound #StartupGrowth #StartupFunding UnicornJourney #InvestorNews

https://entrackr.com/2024/07/exclusive-moneyview-set-to-turn-unicorn-in-series-f-round/

MoneyView posts Rs 577 Cr revenue in FY23; profit spikes 27X
Online credit platform MoneyView secured $75 million in its Series E round led by Apis Partners in December 2022. The mammoth funding helped the firm achieve 2.6X growth in its scale along with a staggering 27X jump in profit during the fiscal year ending March 2023. Visit - https://entrackr.com/2024/04/moneyview-posts-rs-577-cr-revenue-in-fy23-profit-spikes-27x/
#Entrackr #MoneyView #Revenue #startupnews #news