US EditionKissht’s INR 1,000 Cr IPO: Fundamentals Remain A Sticking Point
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Kissht’s INR 1,000 Cr IPO: Fundamentals Remain A Sticking Point
Even as digital lending in India is going through a transition phase with shrinking revenues for major lending apps, Mumbai-based Kissht has decided to take the plunge and go for a public issue. Incidentally, the company is going into the IPO run with a decline in revenue in the previous fiscal year, despite operating an NBFC-led model. Consequently, there will be a lot of focus on whether Kissht’s lending business can continue to show high pr…
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