Kissht Parent OnEMI Board Approves Rs 832 Crore Preferential Share Issue
OnEMI Technology Solutions, operator of digital lending platform Kissht, has approved a preferential issue to raise up to Rs 832 crore by issuing approximately 26.5 million equity shares at Rs 314.11 each to 34 non-promoter investors. The transaction requires shareholder and regulatory approvals, with an extraordinary general meeting scheduled for October 14. Investors include mutual funds, private equity firms, and institutional entities such as Axis Mutual Fund, HDFC Mutual Fund, and Massachusetts Institute of Technology. The company has not disclosed the intended use of the funds.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (64/100). Lens Score 54/100.
Outlets measured: inc42media, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (58–70/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 17 Sept, 04:55 pm. Other outlets followed.
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