Moneyview secures Rs 100 Cr debt, appoints independent directors

Consumer lending platform Moneyview has raised Rs 100 crore (about $11.4 million) in debt from RevX Capital and Motilal Oswal and others. The infusion comes at a time when the company has been gearing up for a potential public listing. Moneyview also transitioned into a public entity in June.

According to the company’s filing with the Registrar of Companies (RoC), Moneyview’s board has issued 100 non-convertible debentures (NCDs) at a face value of Rs 1 crore each to raise Rs 100 crore.

RevX Capital led the round with Rs 45 crore, followed by…