New Delhi, Aug. 19 -- Digital lending platform Kissht, operated by OnEMI Technology Solutions, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) to raise up to Rs.1,000 crore through a fresh issue of shares.

The IPO will also include an offer-for-sale (OFS) of 8.88 million equity shares by early investors, including Vertex Ventures, Ventureast, Endiya Seed, AION Advisory, and Ammar Sdn Bhd. Vertex Ventures plans to sell 39.4 lakh shares, while Ammar Sdn Bhd will offload 20.89 lakh shares.

Mintreported first in April that Kissht had hired ICICI Securities, UBS Securities India, and Motilal Oswal for its initial public offering process and was planning to launch an IPO.

Of the fresh ...