{
  "id": 10875164,
  "title": "Moneyview IPO: Ribbit Capital Bags 11.85X Return, Tiger Global Scores 3.42X",
  "url": "https://urgent.news/2026/09/30/moneyview-ipo-ribbit-capital-bags-11-85x-return-tiger-global-scores-3",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T05:29:29.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/moneyview-ipo-ribbit-capital-bags-11-85x-return-tiger-global-scores-3-42x/"
  },
  "original_language": "en",
  "account": "Moneyview's initial public offering (IPO) yielded substantial profits for early investors, with Ribbit Capital achieving an impressive 11.85 times return on its initial investment and Tiger Global realizing a 3.42 times return. Ribbit sold 1.14 crore shares at the top end of the IPO price range of ₹32-₹34, raising ₹38.61 crore. Tiger Global's Internet Fund III sold 1.54 crore shares, generating ₹52.21 crore. Accel's Accel India IV (Mauritius) division sold 1.64 crore shares for ₹55.68 crore, realizing a return of 6.39 times its acquisition cost. Accel Growth IV Holdings sold 80.12 lakh shares for ₹27.24 crore, fetching a 4.44 times return. Other investors like TI JPNIN India Holdco and NLI Strategic Venture Investment also enjoyed returns of 5.94 times and 4.88 times, respectively. However, Crimson Winter sold shares below its acquisition cost, incurring a 9% loss. Moneyview's cofounders, Puneet Agarwal and Sanjay Aggarwal, sold shares worth ₹92.12 crore, each pocketing ₹46.06 crore. Following the sale, Puneet retains 11.97 crore shares valued at ₹407.07 crore, while Sanjay holds 14.55 crore shares worth ₹494.55 crore. The IPO closed on September 28, receiving 98.46 times subscription, with investors placing bids for 2,289.52 crore shares against 23.25 crore shares on offer. The IPO price valued the company at ₹5,985 crore ($624 million). Moneyview utilized the proceeds for loss guarantee arrangements, strengthening its NBFC subsidiary, and general corporate purposes.",
  "summary": "Moneyview’s IPO unlocked sizable gains for early investors, with Ribbit Capital fetching 11.85X its acquisition cost and Tiger Global realising…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}