Rajaram, SAM, IndusLaw, Desai Diwanji lead on Kissht $30 million fund raise

Bar & Bench September 14 2018

Digital lender Kissht has raised $30 million in a Series C round led by Singapore’s Vertex Ventures and Russia’s Sistema Asia Fund.

Existing investors Fosun RZ Capital, Ventureast and Endiya Partners also participated in the round.

Rajaram Legal advised Kissht, with a team led by Principal Associate Prasad Subramanyan and Associate Nikita Rajwade.

Shardul Amarchand Mangaldas acted for Sistema Asia Fund, led by Senior Associate Aritra Roy.

IndusLaw advised Vertex Ventures SE Asia Fund and the team included Partner Basava Rao, Senior Associate Sowmya Kumar and Associate Stuti Agarwal. 

Desai & Diwanji advised the existing investors Fosun RZ Capital, Ventureast and Endiya Partners, led by Partner Siddharth Mody, Senior Associate Rahul Deodhar and Associate Prerana Chaudhari.

The company will utilise the funds to increase its online and offline merchant base, deepen presence across categories and enhance data and analytics capabilities, reported Mint.