Founded in 2015 by Ranvir Singh and Krishnan Vishwanathan, Kissht is a leading fintech company specializing in providing instant credit and EMI solutions. Operating across a wide network of merchants and online platforms, Kissht offers flexible payment options and has built a strong technological infrastructure for seamless lending. The company's proprietary risk scoring algorithms enable quick and safe disbursement of loans, making it one of the fastest-growing consumer finance platforms in India. Supported by prominent investors, Kissht aims to drive financial inclusion and digital credit adoption at scale.
| Founded | 2015 |
|---|---|
| Headquarters | Mumbai, India |
| Valuation | ~$450 million (2024 est.) |
| Annual Revenue (FY24 est.) | ₹230 Cr |
| Net Profit (FY24 est.) | ₹30 Cr |
| Employees | ~500 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Series A | 2017 | $2 million | Endiya Partners |
| Series B | 2018 | $30 million | Vertex Ventures, Fosun |
| Series C | 2020 | $50 million | Flipkart Ventures, existing investors |
| Series D | 2023 | $28 million | Family offices, global funds |
Kissht's revenue increased steadily from ₹120 Cr in FY22 to ₹230 Cr in FY24, driven by strong demand for instant credit and EMI solutions. The company turned profitable in FY23 and has maintained growth momentum since.
EBITDA margins improved from -10% in FY22 to 20% in FY24, reflecting operational efficiency, improved underwriting, and technology-led cost optimization.
Employee strength grew from 300 in FY22 to 500 in FY24 to support expanded credit operations, technology development, and customer service functions across India.
Kissht aims to expand its merchant network, introduce new credit products, and explore partnerships with major e-commerce platforms. Plans for a public listing are under consideration in the medium term.
Kissht recently introduced instant credit for offline retailers, launched AI-driven credit scoring models, and secured additional funding to support product innovation and regional expansion.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹230 Cr – Consistent growth across credit segments. |
| Net Profit FY24 | ₹30 Cr – Profitability achieved and sustained. |
| EBITDA Margin | 20% – Strong improvement in operational efficiency. |
| Valuation | $450 million – Reflects growth trajectory and market confidence. |
| Employee Count | 500 – Expanded to support scale and tech capabilities. |
Kissht’s robust technology backbone, rapid growth, and strong profitability highlight its leadership in India’s consumer finance sector. As it looks to scale further and innovate new credit products, the company stands well-positioned for long-term success. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Entrackr, Economic Times, Business Standard, company announcements.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.