HDFC Life Insurance now holds a 1.15% stake in OnEMI Technology Solutions, up from under 1% previously. The institution took up 23,59,878 new shares in the company's allotment.
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.
HDFC Life Insurance Company Limited, institutional investor in Indian equities
