New Delhi, Feb. 18 -- IPO-bound Kissht, which is operated by Onemi Technologies Private Ltd announced that its wholly owned NBFC subsidiary, Si Creva Capital Services Private Ltd, received a notable upgrade in its credit rating from CRISIL Ratings.

CRISIL raised the long-term rating to CRISIL A-/Stable from CRISIL BBB+/Stable, and the short-term rating to CRISIL A1 from CRISIL A2+, said the company.

Additionally, the ratings assigned to the company's non-convertible debentures have also seen an upgrade. The upgrade in rating is indicative of Kissht's robust business momentum, enhancing profitability, and solid capitalisation profile.

As emphasized in the rating rationale, assets under management (AUM) rose from around Rs.4,087 crore on...