India, May 4 -- Kissht's Road To IPO

Kissht's IPO lands at an inopportune moment. Despite the raging market volatility and the conflict in West Asia, the lending tech is not waiting for markets to calm. Instead, it is banking on its financials, strong anchor interest and a sharper lending play to make a splash on the bourses.

Tactical Retreat: The biggest ace up its sleeve is its bottom line. After a tough FY25, when both its revenue and profit declined due to RBI's clampdown on unsecured lending, the startup slowed disbursements and focused on low-risk borrowers to preserve profitability and traded volume for high-quality growth. The strategy paid off, as the company roared back with a PAT of Rs.199.3 Cr in 9M FY26

AUM Showcase: Anoth...