OnEMI Technology Solutions (1553346D IN)

OnEMI Technology Solutions (Kissht) is looking to raise about US$172m in its upcoming India IPO. The bookrunners for the deal are JM Financial, HSBC, Nuvama, SBI Caps. OnEMI Technology Solutions, branded as Kissht, is a tech-driven digital lending platform in India serving the mass market through a mobile-first approach. Its products include personal loans for salaried and self-employed individuals for consumption and business needs, and loans against property for asset-owning MSMEs and salaried individuals seeking long-term financing for business expansion or working capital. As of March 31, 2025, Kissht had 53.23m registered users, 9.16m customers, and INR 40,866m in AUM.