Kissht, Ola Electric & More: Why Listed Startups Keep Going Back To The Well
Digital lending platform Kissht is raising up to ₹832 crore through a preferential issue of equity shares, just four months post-IPO. This follows a ₹926 crore IPO, with 75% of new funds earmarked for its lending arm, Si Creva. The trend of listed startups returning to capital markets raises concerns about funding needs and capital deployment strategies.