Moneyview Sets ₹32-₹34 Price Band For ₹1,092 Cr IPO
Accel-backed fintech company Moneyview has fixed the price band for its IPO at ₹32-₹34 per equity share, with the issue…
Moneyview, a fintech company backed by Accel, has set the price band for its ₹1,092 Cr IPO at ₹32-₹34 per equity share. The company plans to list on October 1, with anchor investors including Tiger Global’s Internet Fund III and Accel India IV. The IPO will consist of a fresh issue of up to ₹750 Cr and an OFS of up to 10.05 Cr shares, with the cofounders planning to offload a portion of their stake.
Moneyview, which operates a digital-only financial services platform targeting "Middle India," was valued at over $1 Bn in 2024 after raising $4.6 Mn.
Brief written by urgent.news from Inc42's own syndicated text. Machine-written — may contain errors; check the original before relying on it.