Provides 0% as well as interest led financing across 80 outlets in 5 states
PRESS RELEASE: Mumbai, INDIA: India’s leading fintech platform, Kissht, today announced its partnership with Vijay Sales, Mumbai’s leading electronic superstores in its series of strategic expansions.
In the past 18 months, Kissht has introduced Scan & Pay Later solution, Kissht 2.O and its alliances on path-breaking projects like Dell Aarambh, Vivo Health Care, Flipkart – Cardless Credit & Buy Now Pay Later Solutions etc. and partnerships with major OEM tie-ups like BlueStar, Voltas, Dell, T.T.K. Prestige and many more across Healthcare, Professional education and Tours & Travel sectors enabling easy financing schemes to customers. The start-up raised $30 million Series C round of funding in September from notable investors like Fosun International, Vertex Ventures, Sistema Asia Fund, Ventureast & Endiya Ventures.
Vijay Sales, a popular electronic superstore headquartered in Mumbai is growing steadily and has a presence in 5 states across 80 stores. Customer convenience being key for Kissht, this new strategic move has brought forth a range of offerings on its tie-up with Vijay Sales which includes 0% as well as interest led financing to its customers. Through this partnership, customers who shop from Vijay Sales will be able to avail the following:
- Expansion plan in 5 states across 80 centers of Vijay Sales in the next 4 months
- 0% interest schemes at OEM tie-ups and the minimal interest rate at other outlets
- Financing solution to New to Credit customers using Kissht Score
Speaking on this tie-up, Krishnan Vishwanathan, CEO, and Founder, Kissht said, “Kissht has always focussed on providing easier financing options for the underbanked. We are firm that our tie-up with Vijay Sales will fulfill the need of their customers. Electronic appliances are now more of a need than luxury, and with the 0% as well as interest led financing by Kissht, the buyer can easily afford these products. We are certain that our offer will help them to avail these products with easy financing schemes.”
Kissht is an EMI payment and digital lending platform. With a variety of EMI payment options, Kissht aims at empowering online as well as offline Merchant stores and online e-commerce Platforms to provide easy and quick EMI to customers who wish to purchase Mobiles, Laptops, Cameras, Furniture’s, AC, Watches, Home & Kitchen Appliances, travel, health and education Services and many more through easy EMI instalments. Through the use of alternate data and Proprietary algorithms, our unique EMI payment gateway makes aspiration affordable to new to Credit and lower income segments. Kissht offers a hassle-free experience of shopping online as Well as offline Merchant stores by offering quick and Easy EMI at Point of Sale. Our EMI Payments Gateway integration uses super simple APIs to go live instantly. With a wide range of products Across various categories and convenient, get set to enjoy a simple, stress-free and smart online as Well as offline shopping experience with Kissht. We also provide personal loans to customers via our financial technology platform. IIT graduates and former McKinsey consultants who have extensively served financial services firms founded Kissht in 2015.