Fintech Moneyview Secures SEBI Approval for IPO

Indian fintech unicorn Moneyview has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its planned initial public offering (IPO). SEBI issued the final observation letter to the startup on June 29, signifying a go-ahead for the IPO. The company aims to raise over ₹1,500 crore (approximately $180 million) through the offering.

The IPO will comprise a fresh issue of shares worth up to ₹1,500 crore and an offer-for-sale (OFS) component of up to 136.1 million shares. Moneyview intends to use the proceeds to bolster its lending business. Specifically, ₹650 crore will support loan disbursals under default loss guarantee arrangements, and ₹450 crore will be infused into its NBFC subsidiary, Whizdm Finance Pvt Ltd.

The OFS will see existing shareholders, including co-founders Puneet Agarwal and Sanjay Aggarwal, along with investors like Accel, Ribbit Capital, and Tiger Global, selling their stakes. As of December 31, 2025, Moneyview's assets under management (AUM) stood at ₹19,814 crore. For the fiscal year 2025, the company reported revenues of ₹2,379 crore and a net profit of ₹240 crore.

Founded in 2014, Moneyview operates a digital lending platform offering unsecured personal loans to underserved and new-to-credit customers. It partners with banks and NBFCs for loan origination via its app and website, while also lending through its own NBFC arm. Moneyview achieved unicorn status in 2024.