One Mobikwik Systems Limited
Bajaj Allianz Life Insurance trimmed its stake in One Mobikwik Systems from 2.69% to 2.25%, selling 3,48,510 shares in a transaction structured as a rights issue.
A digital banking platform incorporated in 2009, One Mobikwik Systems offers a comprehensive range of financial products and services to consumers and merchants across India. The company provides digital wallet solutions, bill payments, mobile recharges, and lending services through its mobile-first platform. It operates as a technology-enabled financial services provider serving the mass market segment in the digital payments space.
Now wholly owned by Bajaj Finserv after the Bajaj Group bought out Allianz SE's 26% stake in March 2025 for Rs 24,180 crore. Total AUM over Rs 1.2 lakh crore. Flagship Pure Stock Fund manages over Rs 7,200 crore as a Shariah-compliant Indian equity book. Active investor across large and midcap names through ULIP and group fund vehicles.