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Kissht Eyes $225 Mn IPO, To File Draft Papers By June: Report

  • Digital lending startup Kissht is planning an IPO of $225 Mn.
  • The Mumbai-based fintech startup has chosen ICICI Securities, UBS Securities, and Motilal Oswal as investment bankers for the IPO.
  • Kissht aims to file draft papers for the IPO by June, targeting a valuation of $900 Mn to $1.1 Bn.
  • The IPO will consist of primary and secondary share sales, with around 75% of the capital raised for funding growth and new business lines.

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