Digital lending platform Kissht, operated by Onemi Technologies, has reached a significant operational milestone as its NBFC arm, Si Creva Capital Services, secured a credit rating upgrade from CRISIL Ratings. This development, announced on February 17, 2026, reflects the company's sustained business momentum and robust capital positioning. CRISIL has upgraded the company’s long-term rating to A-/Stable from its previous BBB+/Stable. Additionally, the short-term rating has been raised to A1 from A2+. These upgrades also extend to the company's non-convertible debentures, signalling increased confidence in its debt-servicing capabilities. The rating action is underpinned by a substantial expansion in the company's credit book. Assets under management (AUM) surged to **₹5,533 crore** as of September 30, 2025. This represents a significant jump from the **₹4,087 crore** reported at the end of the previous fiscal in March 2025. This growth has been primarily fueled by the strategic expansion of its unsecured personal loan portfolio. Beyond AUM growth, the upgrade highlights Kissht’s improving profitability and healthy capitalisation profile. The rating agency noted the effectiveness of the company’s digital-first lending model, which utilizes disciplined underwriting and automated risk management. These technological strengths provide a substantial capital cushion, which is essential for navigating the current digital finance landscape. This credit upgrade arrives at a critical juncture for Onemi Technologies, as the company recently received SEBI approval for its initial public offering (IPO). The proposed IPO is structured to raise upwards of **₹1,000 crore** through a fresh issue of shares, alongside an offer for sale (OFS) involving **88.79 lakh** equity shares from existing investors. Market data for FY25 shows that Kissht maintains a massive user base of **53.2 million** registered users, having served over **9 million** customers to date. Despite a broader industry slowdown in unsecured lending that saw net profits dip to **₹160.6 crore** in the last fiscal year, the company's pivot toward longer-tenured products and higher-quality borrowers has stabilized its financial trajectory. Proceeds from the upcoming IPO are earmarked to further strengthen the capital base of Si Creva Capital Services. This capital injection is expected to support future lending expansion and the continuous integration of technology-driven credit solutions across the Indian market.