Puneet Agarwal, Managing Director and Chief Executive Officer, and Sanjay Aggarwal, Executive Director and Chief Technology Officer of Moneyview, prepare for a public market debut as the fintech platform files its draft prospectus with SEBI for a ₹1,500 crore fresh issue alongside an offer for sale of 13.6 crore equity shares.
Mumbai, March 5, 2026: Moneyview Limited, a consumer focused digital lending platform serving middle income households across India, has filed its draft red herring prospectus with the Securities and Exchange Board of India to raise funds through an initial public offering.
The proposed IPO combines a fresh issue of equity shares worth up to ₹1,500 crore along with an offer for sale of up to 13.6 crore equity shares by existing shareholders. The Bengaluru headquartered company intends to list its equity shares on BSE and NSE.
Founded in 2014 by IIT Delhi graduates Puneet Agarwal, Managing Director and Chief Executive Officer, and Sanjay Aggarwal, Executive Director and Chief Technology Officer, Moneyview offers a digital financial platform providing services across borrowing, payments, investments and protection products.
The company’s flagship offering is its digital personal loan product introduced in 2017. As of December 31, 2025, the platform reported managed assets under management of ₹19,814 crore. Moneyview accounted for around 11 percent of total digital unsecured personal loan sanctions in financial year 2025 and reported the highest assets under management among unlisted peers in the segment.
Moneyview reported revenue of ₹2,379 crore and net profit of ₹240 crore for financial year 2025. For the nine month period ended December 31, 2025, the company recorded revenue of ₹2,409 crore and net profit before exceptional items of ₹245 crore, exceeding its full year FY2025 performance.
The platform currently serves more than 125 million users and has coverage across 99.55 percent of pin codes in India. Nearly 79 percent of its users are located in tier two cities and beyond, with an average monthly income of ₹47,000 and an average age of 32 years.
Moneyview attributes its growth to its technology driven operating model supported by artificial intelligence and data analytics capabilities. More than half of its workforce works in technology and data roles. As a result, operating expenses as a percentage of total income declined from 62.84 percent in financial year 2023 to 35.19 percent during the nine month period ending December 31, 2025.
The company follows a capital efficient lending model supported by a network of lending partners. As of December 31, 2025, the platform reported a return on equity of 15.9 percent.
Moneyview currently offers a range of financial products including credit cards, earned wage access services, home loans, loans against property, insurance products, digital gold, UPI transactions and bill payment services.
According to the draft prospectus, the company plans to utilise proceeds from the fresh issue to expand its financial services operations. Around ₹650 crore will support loan disbursals under default loss guarantee arrangements, while ₹450 crore will be invested in its subsidiary Whizdm Finance Private Limited to strengthen its capital base. The remaining proceeds will be allocated for general corporate purposes.
The offer for sale will include shares from promoter selling shareholders Puneet Agarwal and Sanjay Aggarwal, promoter group shareholder Chitra Agarwal and several investor shareholders including Internet Fund III Pte. Ltd., Accel India IV Mauritius Limited, Accel Growth IV Holdings Mauritius Ltd., Crimson Winter Limited, Lok Capital IV LLC, Lok Capital Co investment Trust, Ribbit Capital, Evolvence India Fund IV Limited, Apis Growth II Mimosa Pte. Ltd., NLI Strategic Venture Investment Limited, TI JPNIN India Holdco Ltd., TI Platform SMRS SMA L.P. and DI Investment LLC.
Axis Capital Limited, BofA Securities India Limited, IIFL Capital Services Limited and Kotak Mahindra Capital Company Limited are acting as the book running lead managers to the issue.
At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.
Add Comment