Sistema Asia Fund and Vertex Ventures co-led a $30m series C round for buy now, pay later service Kissht that included existing investor Fosun.

India-based consumer credit platform Kissht secured $30m in a series C round co-led by Sistema Asia Fund, an investment arm of conglomerate Sistema, YourStory reported yesterday.

The round was co-led by Singaporean state-owned venture capital firm Vertex Ventures and included Fosun RZ Capital, the corporate venturing arm of diversified conglomerate Fosun, and VC firms Ventureast and Endiya Partners.

Founded in 2015, Kissht provides consumer credit cards that allow people to shop at e-commerce businesses and brick-and-mortar retailers using personal loans.…