Kissht raises Rs 100 cr in funding led by Trifecta Capital, Northern Arc

Kissht, provider of instant line of credit to small businesses, has raised Rs 100 crore in funding led by Trifecta Capital and Northern Arc. The company has so far raised over Rs 270 crore in equity and over 1,200 crore in debt investments. In the current round, Trifecta and Nothern Arc have each subscribed to Rs 50 crore of non convertible debentures.

The company will utilise the funds to expand its scale of operations, enhance its product offerings including credit cards for small business/shops and further improve underwriting capabilities to extend credit to New to Credit (NTC) segment using AI and