Digital lender Kissht's assets under management have crossed Rs 10,000 crore, the company said on Wednesday.
OnEMI Technology Solutions Ltd., which operates Kissht, lends to mass-market and mass-affluent borrowers through a fully digital platform. It uses its own AI-based underwriting models and technology-driven collections, along with a growing network of lending and co-lending partners.
Personal loans still make up most of the book. But the company's loan against property portfolio is growing steadily, which is adding to its secured lending business and diversifying the product mix.
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The milestone comes a month after the Mumbai-based lender raised Rs 832.2 crore through a preferential issue in October.
“This growth is built on the same principles we started with: disciplined underwriting, robust collections and a scalable, technology-led platform,” said Ranvir Singh, chairman and chief executive officer. The company plans to scale up secured products such as loan against property and expand its lending partnerships, he said.
Chief Financial Officer Krishnan Vishwanathan said the fresh capital strengthens the company's balance sheet and gives it more room to grow. He said lower borrowing costs, improving operating leverage and better credit quality would support “high and profitable growth.”
“This milestone is backed by our strong financial position and consistent execution. The Rs 832.2 crore raised through our preferential issue in October 2026 further strengthens our capital base and provides additional headroom to support our growth ambitions. With clear path towards reduced cost of borrowings, improving operational leverage and continual credit quality improvement, our commitment to deliver high and profitable growth remains unwavering," he said.
ALSO READ: Kissht Q2 Results: Profit Doubles To Rs 125 Crore As Loan Book Grows 68%
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