Accel-backed Moneyview files draft papers for IPO
The public offer comprises of fresh issue of shares of Rs 1,500 crore and an offer for sale (OFS) of 136 million shares.
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The public offer comprises of fresh issue of shares of Rs 1,500 crore and an offer for sale (OFS) of 136 million shares.
Private market valuations, unsecured loan books and tighter regulation are forcing India's fintech lending companies to rethink their IPO plans…
Moneyview is likely to raise more debt in multiple tranches of up to Rs 750 crore.
Its net profit increased 40% to Rs 240.3 crore in FY25 from Rs 171.1 crore in FY24.
An international gang, which was operating from Dubai, China, Hong Kong, and the Philippines, was behind the hacking.
The digital lender is eyeing an IPO to raise over $400 million and has reportedly appointed Axis Capital, Kotak Mahindra, and others as its banking partners.