Accel-backed Moneyview cuts IPO size
Earlier this year, other lending companies such as Kissht and Aye Finance also cut their IPO size, as valuation concerns grew.
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Digital lending platform Moneyview has reduced the size of its proposed initial public offering (IPO), per an addendum filed by the company.
Under the revised plan, Moneyview will raise Rs 750 crore through the issue of new shares from earlier planned Rs 1,500 crore. The company had earlier proposed using Rs 1,500 crore from the fresh issue to expand its lending business, invest in technology infrastructure and meet general corporate requirements.
The company has also lowered the offer-for-sale (OFS) portion to around 10.04 crore shares from up to 13.61 crore shares proposed earlier. Several existing investors have reduced the number of shares they plan to sell through the OFS. Accel, Tiger Global, Crimson Winter and Ribbit Capital have cut their proposed stake sales, while the founders’ planned OFS remains unchanged.
Moneyview had received approval from the Securities and Exchange Board of India (SEBI) in June this year. It had submitted its draft IPO papers to SEBI in March 2026.
Founded by Puneet Agarwal and Sanjay Aggarwal, Moneyview operates a digital lending and personal finance platform. It offers personal loans and other financial products through its platform in partnership with various lenders.
In the first nine months of FY26, Moneyview reported revenue of Rs 2,773 crore and a profit of Rs 210 crore.
Earlier this year, other lending companies such as Kissht and Aye Finance also cut their IPO size, as valuation concerns grew.