September 14, 2018:
Digital Lender Kissht has raised $30 million in a ‘Series-C’ Round led by Singapore’s Vertex Ventures and Russia’s Sistema Asia Fund.
Existing Investors, Fosun RZ Capital, Ventureast and Endiya Partners has also participated in the round.
Rajaram Legal advised Kissht on the matter. The team was led by Principal Associate Prasad Subramanyan and Associate Nikita Rajwade.
Shardul Amarchand Mangaldas acted for Sistema Asia Fund which was led by Senior Associate Aritra Roy.
IndusLaw advised Vertex Ventures SE Asia Fund and the team included Partner Basava Rao, Senior Associate Sowmya Kumar and Associate Stuti Agarwal.
Desai & Diwanji advised the existing investors Fosun RZ Capital, Ventureast and Endiya Partners, led by Partner Siddharth Mody, Senior Associate Rahul Deodhar and Associate Prerana Chaudhari.
The company will utilize the funds to increase both of its Online & Offline Merchant Base. It will deepen its presence across the different categories and enhance data and analytics capabilities.