The regulator issued a final observation letter to the fintech startup on June 29, as per the latest update on its website
Moneyview filed its DRHP in March this year, as per which the public issue will comprise a fresh issue of shares worth up to ₹1,500 Cr and an offer-for-sale (OFS) component of up to 13.61 Cr shares
The OFS will see cofounders and promoters Puneet Agarwal and Sanjay Aggarwal, along with investors like Accel, Ribbit Capital, Tiger Global, among others, sell their shares
Fintech unicorn Moneyview has received SEBI’s approval to proceed with its proposed IPO.
The regulator issued a final observation letter to the fintech startup on June 29, as per the latest update on its website.
In SEBI’s parlance, the issuance of the final observation is a go-ahead to proceed with the IPO.
Moneyview filed its DRHP in March this year. As per the draft papers, its public issue will comprise a fresh issue of shares worth up to ₹1,500 Cr and an offer-for-sale (OFS) component of up to 13.61 Cr shares.
The startup plans to utilise the proceeds from the IPO to support the growth of its lending business. Of the total fresh issue, ₹650 Cr will be invested to drive growth in loan disbursals under default loss guarantee (DLG) arrangements and ₹450 Cr will be infused in its NBFC subsidiary Whizdm Finance Pvt Ltd to augment its capital base.
The OFS will see cofounders and promoters Puneet Agarwal and Sanjay Aggarwal, along with investors like Accel, Ribbit Capital, Tiger Global, among others, sell their shares. As per the DRHP, Moneyview’s assets under management (AUM) stood at ₹19,814 Cr as of December 31, 2025.
Founded in 2014, Moneyview runs a digital-first lending platform that provides unsecured personal loans to underserved and new-to-credit customers. It partners with banks and NBFCs to originate loans through its app and website, while also lending from its own NBFC arm, Whizdm Finance.
Notably, Accel is the largest stakeholder in Moneyview, with a 21.9% stake. The investor deployed capital via two separate funds — Accel India IV and Accel Growth IV.
Tiger Global holds a 13.79% pre-offer stake in Moneyview, which accounts for 21.2 Cr equity shares. Meanwhile, US-based Ribbit Capital currently holds 15.7 Cr shares in the fintech giant, which represents 10.2% stake in the company.
Founded in 2014, Moneyview runs a digital-first lending platform that provides unsecured personal loans to underserved and new-to-credit customers. It partners with banks and NBFCs to originate loans through its app and website, while also lending from its own NBFC arm, Whizdm Finance.
The startup has developed in-house credit scoring models that leverage alternative data to assess borrowers. It earns revenue from both interest levied on loans issued through its own book as well as fees and commissions from partner-led loans. It also offers financial products like credit cards, BNPL, fixed deposits, digital gold and personal finance management tools to deepen user engagement and improve cross-sell. Its offerings also include UPI payments and gold SIP.
Moneyview has raised over $250 Mn in funding to date. It entered the unicorn club in 2024 after raising a $4.6 Mn funding round that valued it at over $1 Bn amid a broader surge in investor interest in India’s digital lending and fintech space.
In FY25, the company reported a revenue of ₹2,379 Cr and a net profit of ₹240 Cr. For the nine months ended December 31, 2025, it posted a revenue of ₹2,409 Cr and a net profit of ₹245 Cr, exceeding its full-year FY25 numbers.
Moneyview’s assets under management (AUM) stood at ₹19,814 Cr as of December 31, 2025.