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Updated: May 13, 2025 15:04
Indian fintech unicorn Moneyview has initiated preparations for a $400-million initial public offering, tapping Axis Capital and Kotak Mahindra Capital as its banking partners. The move comes as the company seeks to strengthen its financial position and expand its lending operations, following its rapid growth in the digital finance sector.
IPO Strategy and Market Positioning:
- Moneyview, backed by Apis Partners, has assets under management exceeding 15,000 crore rupees, making it one of the largest players in new-age lending.
- The IPO will primarily consist of fresh capital, aimed at bolstering the company’s equity base to support lending activities.
- The fintech sector has seen increased scrutiny from regulators, with the Reserve Bank of India closely monitoring unsecured lending trends.
- Several mid-sized fintech firms, including KreditBee and Kissht, are also exploring public listings, signaling a broader shift toward market credibility.
- Analysts expect Moneyview’s IPO to be closely watched, as investors assess the sustainability of digital lending models in India’s evolving financial landscape.
Sources:
Harmonic Times, Economic Times, Moneycontrol, MSN India.