India’s startup and fintech news on April 27 included Metasports’ $20 million UA financing, MobiKwik’s RBI approval and Kissht’s IPO plans.
India's startup and fintech scene had a busy April 27, with fresh funding, regulatory and IPO news landing alongside one media-and-entertainment earnings update.
Metasports Interactive said it raised $20 million from Metica in a user acquisition financing deal to grow Hitwicket. The structure is non-dilutive and performance-linked, and the company said it plans to use the capital for marketing, user acquisition and international expansion.
MobiKwik also had a notable regulatory update. The company received RBI approval for an NBFC licence, paving the way for its in-house lending arm. That approval could give the fintech more control over its lending stack at a time when many consumer finance platforms are trying to deepen their balance sheets.
In capital markets, Kissht parent OnEMI Technology Solutions set an IPO opening date of April 30, with a ₹926-crore issue. The listing plan adds another consumer-finance name to India's public-market pipeline.
The day also brought a financial update from JioStar. One report cited FY26 operating revenue of ₹31,048 crore, while other coverage pointed to a higher total revenue figure, showing there is still some inconsistency in how the company’s results are being described.
Taken together, the day’s news reflects a market where startup growth capital, regulatory permissions and public-market ambitions are all moving at once. The main items to watch next are whether more detail emerges on Metasports’ financing structure, how quickly MobiKwik can launch lending operations and how Kissht’s IPO is received when it opens.
Revision note
Initial automated publication.