استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة
The Perfect Holiday Gift Gift Now

PB Fintech founder, AB Fashion CEO join Kissht board

July 02, 2025

|

Mint New Delhi

Online lending platform Kissht has appointed Alok Bansal, co-founder of PB Fintech Ltd, and Sangeeta Pendurkar, chief executive of Aditya Birla Fashion and Retail Ltd, as independent directors on its board ahead of its public market listing.

- Mansi Verma

The startup has filed for conversion to a public limited company and plans to submit its draft red herring prospectus for an initial public offering by the end of July, two people with direct knowledge of the development told Mint.

"The company is also in talks to onboard more independent directors, particularly those with banking or finance backgrounds," one of them said.

Kissht is working with JM Financial, SBI Capital Markets Ltd, and two other bankers to lead the IPO, the second person said. Mint was the first to report on Kissht's plans to file pre-IPO documents to raise about $225 million.

المزيد من القصص من Mint New Delhi

Mint New Delhi

Mint New Delhi

Will India sustain its world-beating growth in 2026?

In 2025, India's economic growth stayed strong and inflation low amid geopolitical tensions and trade headwinds. The government also unveiled reforms and targeted stimulus, including tax cuts. Mint examines how the economy fared, and what lies ahead in 2026:

time to read

2 mins

January 01, 2026

Mint New Delhi

Mint New Delhi

TCS hotshots may get to do multiple jobs

Tata Consultancy Services Ltd (TCS) is exploring gig-like hiring arrangements for hard-to-retain specialists in certain roles, signalling a shift as India's $283 billion offshoring sector grapples with a talent crunch amid uncertainty caused by artificial intelligence (AI).

time to read

3 mins

January 01, 2026

Mint New Delhi

Mint New Delhi

External risks on horizon, but RBI keeps faith in local buffers

Financial stability report cautions about exchange rate volatility, trade weakness, muted FDI

time to read

3 mins

January 01, 2026

Mint New Delhi

Mint New Delhi

Paltry AGR relief leaves Vi wobbly

The fate of Vodafone Idea Ltd hangs in the balance, with the Union cabinet on Wednesday clearing a relief plan that punctured hopes, hammered its shares, and shook the company's fundraising hopes.

time to read

2 mins

January 01, 2026

Mint New Delhi

Mint New Delhi

Govt may ease PN(3) to raise Chinese FDI

The Centre is preparing to significantly relax a five-year-old rule that shut out Chinese capital and put existing investments in limbo, easing the stringent Press Note 3 (PN3) diktat issued in the wake of the pandemic outbreak.

time to read

2 mins

January 01, 2026

Mint New Delhi

CENTRE-STATE FISCAL RIFT IS BACK IN FOCUS

The recent transformation of India's flagship rural employment guarantee programme puts a greater financial burden on states, highlighting a long-running source of friction in their relationship with the Union government.

time to read

4 mins

January 01, 2026

Mint New Delhi

Mint New Delhi

Beyond megawatts: Green transition turns to stability

India now eyes storage capacity and a focus on more stable sources such as nuclear power

time to read

3 mins

January 01, 2026

Mint New Delhi

Cabinet clears ₹20,688 crore highway works in two states

The Union cabinet on Wednesday approved road projects worth ₹20,688 crore, including the country's largest ever highway project under the build-operate-transfer (BOT) model, a greenfield 374km Nashik-Solapur-Akkalkot corridor in Maharashtra, a government release said.

time to read

1 mins

January 01, 2026

Mint New Delhi

Govt may ease PN(3) to raise China FDI

Inter-ministerial consultations have already been held in this regard, with a recent such consultation taking place in December,” the person said.

time to read

2 mins

January 01, 2026

Mint New Delhi

India slaps 12% duty on steel imports for 3 years

India has imposed a three-year safeguard duty of 12% on steel imports, according to a finance ministry order issued late on Tuesday, as the government aims to curb cheap shipments, especially from China.

time to read

1 min

January 01, 2026

Listen

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back