Moneyview Raises $38.3 Mn from Anchor Investors to Strengthen Business Ahead of IPO

The anchor investors included SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Motilal Oswal Mutual Fund, Aditya Birla Sun Life Mutual Fund, Quant Mutual Fund, Goldman Sachs, Amundi Funds, 360 ONE, HDFC Life and India Acorn Fund.

What is Moneyview?

Moneyview is a Bengaluru-based fintech company that provides digital financial products through a network of banks, NBFCs, insurers and other financial institutions.

The company offers products including personal loans, insurance, credit cards and digital gold. It was founded by Puneet Agarwal and Sanjay Aggarwal.

Funding and IPO Details

Moneyview raised Rs 327.5 crore from anchor investors at the upper end of its IPO price band of Rs 32–34 per share.

The company's IPO comprises a fresh issue of Rs 750 crore and an offer-for-sale (OFS) of around 10.04 crore shares worth Rs 341.6 crore at the upper end of the price band. The IPO opened for public subscription on September 24 and will remain open until September 28.

How Will Moneyview Use the Funds?

Moneyview plans to use Rs 325 crore from the fresh issue to support loan disbursals under default loss guarantee (DLG) arrangements.

Another Rs 250 crore will be invested in its NBFC subsidiary Whizdm Finance to strengthen its capital base. The remaining funds will be used for general corporate purposes.

Company Background

Moneyview was founded by Puneet Agarwal and Sanjay Aggarwal and is headquartered in Bengaluru.

The fintech provides financial products through partnerships with banks, NBFCs, insurers and other financial institutions. Its product portfolio includes personal loans, insurance, credit cards and digital gold.

The company reported Rs 3,351 crore in revenue and Rs 244 crore in profit in FY26. In the June 2026 quarter, its revenue increased 50.2% year-on-year to Rs 1,041 crore, while profit rose 158.8% to Rs 173.8 crore.

Market and Business Growth

Moneyview is entering the public markets with an IPO valued at around Rs 6,000 crore at the upper end of its price band. The company had a valuation of about $1.2 billion after its last equity funding round in 2024, according to Inc42.

What Happens Next?

Moneyview's IPO will remain open for public subscription until September 28. The company plans to use the fresh capital mainly for loan disbursals, strengthening Whizdm Finance's capital base and general corporate purposes.

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