Announced Tue, 1 Sept, 2026 · 11:33 IST
Moneyboxx partners with Bachatt to launch digital lending platform
MONEYBOXX · price
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Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹57.85
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₹57.46
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AI summary
Moneyboxx Finance partnered with Bachatt (Trusave Fintech) to launch SmartBiz Loan, its digital lending platform. Bachatt, backed by Accel, Lightspeed and Info Edge Ventures, will act as Lending Service Provider for customer acquisition and digital onboarding. Moneyboxx will underwrite loans itself. It targets nano and micro enterprises with small-ticket loans, aiming for under 5-minute approvals. Moneyboxx is a listed NBFC with 140 plus branches across 12 states.
Likely market impact
Opens a new digital growth channel for small-ticket lending; may improve scalability and operating leverage as portfolio scales.