Private Equity

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Consumer credit startup Kissht may raise $75-M; Fosun may exit

Economic Times  

Consumer credit startup Kissht is looking to raise USD 50-75 million in a primary funding round at a valuation of USD 380-420 million. In addition, the round is expected to see a USD 30-35 million secondary share sale, where the company's existing backers including China's Fosun will make a partial or a full exit. Fosun had led an INR 67 crore funding round in 2017.