OnEMI Technology Solutions Limited
Sundaram Mutual Fund increased its stake in OnEMI Technology Solutions from 1.33% to 2.01%, raising its holding by 11,40,707 shares to a total of 33,78,769 shares, worth ₹35.43 Cr.
A technology-enabled lender operating in India's digital lending space, OnEMI Technology Solutions provides loans through its mobile application for both consumption and business purposes. Incorporated in 2016, the company leverages digital platforms and technology-driven channels to deliver financial services directly to borrowers, focusing on making credit accessible and convenient. The company operates primarily through its proprietary mobile app infrastructure.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.