SEBI Approves Fintech Unicorn Moneyviews 1500 Cr Plus IPO

                Fintech unicorn Moneyview has acquired SEBI’s approval to proceed with its proposed IPO. According to the most recent information on its website, the regulator sent the fintech company a final observation letter on June 29. According to SEBI, the final observation's release signals that the IPO can move forward.In March of this year, Moneyview submitted its DRHP. According to the draft documents, the public offering would consist of an offer-for-sale (OFS) component of up to 13.61 Cr shares and a new issue of shares for up to ₹1,500 Cr.

The startup wants to employ the money from the IPO to promote the growth of its loan business. Of the total fresh issuance, ₹650 Cr would be invested to stimulate 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 increase 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 of December 31, 2025, Moneyview's assets under management (AUM) were ₹19,814 Cr, according to the DRHP. Moneyview, a digital-first lending platform founded in 2014, offers unsecured personal loans to underprivileged and credit-new clients. 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 owns 21.9% of Moneyview, making it the biggest stakeholder. Accel India IV and Accel Growth IV are two different funds that the investor used to deploy capital. Tiger Global owns 13.79% of Moneyview's pre-offer shares, or 21.2 Cr of equity. In the meantime, US-based Ribbit Capital presently owns 15.7 Cr of the fintech behemoth, or 10.2% of the business. Moneyview, a digital-first lending platform founded in 2014, offers unsecured personal loans to underprivileged and credit-new clients. It partners with banks and NBFCs to originate loans through its app and website, while also lending from its own NBFC arm, Whizdm Finance.