Sachin Tendulkar-endorsed digital lending platform Kissht appoints Alok Bansal, co-founder of Policybazaar, and Sangeeta Pendurkar, former CEO of Aditya Birla Fashion and Retail, as independent directors ahead of its IPO filing.
The move aims to enhance corporate governance and signal maturity to public market investors as Kissht prepares to transition to a public limited company and file its DRHP with SEBI this month.
Kissht, founded in 2015, offers an array of secured and unsecured loans, expanding into the secured credit space with a digital Loan Against Property offering. The upcoming IPO will include a fresh issue of equity shares and an offer for sale, following a recent $80 million funding round.
With over 10 million customers in India, Kissht's AUM surpassed Rs 4,200 crore ($502 million) in FY 2025. Sachin Tendulkar is both a strategic investor and ambassador for the firm.