India, Sept. 21 -- Barely four months after making its stock market debut, digital lending platform Kissht is back in the public markets for more funds.

Kissht's parent OnEMI Technology Solutions has received shareholder approval to raise up to Rs.832 Cr through a preferential issue of equity shares. The proposed fundraise comes after the company raised around Rs.926 Cr through its IPO, including a fresh issue of shares.

Kissht intends to utilise 75% of the new proceeds to fund its lending arm Si Creva, with the money expected to support its loan-book growth. The rest for general corporate purposes.

The preferential issue a few months after listing has raised some eyebrows among market observers. But Kissht is not the only one going ba...