Moneyview Files Draft Red Herring Prospectus for Rs 1,500 Crore IPO Backed by Accel, Tiger Global, and Apis

Moneyview Files Draft Red Herring Prospectus for ₹1,500 Crore IPO

Key Highlights:

• Moneyview, a financial services platform backed by Accel, Tiger Global, and Apis Partners, has filed a Draft Red Herring Prospectus with SEBI to raise funds via an initial public offering (IPO).
• The IPO consists of a fresh issuance of ₹1,500 crore and an offer-for-sale of 13.6 crore shares by existing shareholders.

Offer-for-Sale Details:

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• Promoters Puneet Agarwal and Sanjay Aggarwal, along with investors Apis Partners, Crimson Winter, Accel, Tiger Global Management, NLI Strategic Venture Investment, Ribbit Capital, and TI JPNIN India, will be selling shareholders in the offer-for-sale.

Shareholding Structure:

• Accel holds the largest stake among investors at 21.31%, followed by Tiger Global's Internet Fund III (13.79%), Ribbit Capital (10.2%), and Apis Growth (6.61%).

IPO Proceeds:

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• ₹650 crore will be utilized to drive growth in loan disbursals under default loss guarantee (DLG) arrangements.
• ₹450 crore will be used to augment the capital base in subsidiary Whizdm Finance.
• The remaining funds will be used for general corporate purposes.

Company Overview:

• Moneyview, a consumer-focused, digital-only credit-led financial services platform, was incorporated in 2014 and operates as a lending service provider with 22 regulated entities.
• The company offers personal loans, insurance, credit cards, digital gold, payments, and earned wage access.

Financial Performance:

• ₹209.7 crore in profit on revenue of ₹2,373.3 crore for the nine-month period ended December 2025.
• ₹240.3 crore in profit, growing 40.4% from ₹171.1 crore in the previous year, with revenue soaring 74.3% to ₹2,339.1 crore.

IPO Mandated by:

• Axis Capital, BofA Securities India, IIFL Capital Services, and Kotak Mahindra Capital Company have been appointed as the merchant bankers for managing the Moneyview IPO.