Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
PB Fintech founder, AB Fashion CEO join Kissht board
Mint Kolkata
|July 02, 2025
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.
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.
This story is from the July 02, 2025 edition of Mint Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Kolkata
Mint Kolkata
Indian IT slashes spending on lobbying in the US
Indian IT slashes spending on lobbying in the US had incurred lobbying costs of $90,000 in 2022 as against $210,000 in 2020. It has not employed any lobbying services since 2022.
1 mins
November 29, 2025
Mint Kolkata
Apple’s 5th India store to open in Noida soon
Apple announced on Friday it will open its fifth retail store in India on 1 December in Noida's DLF Mall of India—marking its second store in the National Capital Region after Delhi, which opened in April 2023.
1 min
November 29, 2025
Mint Kolkata
Inside Bengaluru's quiet recycling revolution
Stories from the alleys and gullies of India
4 mins
November 29, 2025
Mint Kolkata
The beauty and sadness of living in the hills
In ‘Called by the Hills’, her first book-length non-fiction work, Anuradha Roy pays a literary and painterly tribute to her home in the Himalayas
5 mins
November 29, 2025
Mint Kolkata
Fiscal deficit widens on higher capex, lower tax
India’s fiscal deficit for the April-October period rose on higher capital expenditure and lower net tax revenue.
1 min
November 29, 2025
Mint Kolkata
Inside Bengaluru’s quiet recycling revolution
Stories from the alleys and gullies of India
5 mins
November 29, 2025
Mint Kolkata
'The Family Man' S3: Agent down
The new season of the popular spy thriller series starring Manoj Bajpayee feels like a hedged bet
4 mins
November 29, 2025
Mint Kolkata
Fiscal deficit up on capex, lower tax
during the period, or 55.1% of the annual estimate for FY26, compared to %4.67 trillion or 42% ofthe annual estimate during the year-ago period.
1 min
November 29, 2025
Mint Kolkata
Equity treatment for Reits from 1 Jan
From 1 January 2026, any money put into Reits (real estate investment funds) by mutual funds and specialized investment funds (SIFs) will be treated as equity-linked investments.
1 min
November 29, 2025
Mint Kolkata
Former DBS CEO is Temasek India’s new non-exec chair
Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-executive role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said, He will join on 1 December.
1 mins
November 29, 2025
Listen
Translate
Change font size