Kissht, a digital lending platform founded in 2015 by former McKinsey executives Ranvir Singh and Krishnan Vishwanathan, has successfully raised ₹278 crore (approximately $33.5 million USD) from 22 anchor investors in preparation for its initial public offering (IPO) scheduled for April 30. The company allocated 1.62 crore equity shares at a price of ₹171 each, with a significant portion of the investment coming from domestic mutual funds, which accounted for 57% of the allocation. Notable investors include HDFC Mutual Fund, ICICI Prudential Mutual Fund, and Goldman Sachs-backed funds. The IPO aims for a total size of ₹926 crore (around $112 million USD), comprising a fresh issue of shares worth ₹850 crore and an offer for sale of 4.4 million shares. Kissht has experienced remarkable growth, with assets under management rising from ₹1,267 crore in FY23 to ₹5,955 crore in the first nine months of FY26, and revenue increasing from ₹984 crore to ₹1,675 crore during the same period. The company also boasts over 63 million registered users as of December 31, 2025.