Bandhan Mutual Fund, which previously held 1.05 percent of OnEMI Technology Solutions Limited, is no longer listed among its disclosed shareholders, indicating either a complete exit or a reduction of its stake to below the 1 percent reporting threshold.
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.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
