OnEMI Technology Solutions Limited
Groww Mutual Fund entered OnEMI Technology Solutions Limited by taking up 19,83,549 shares in the company's allotment. This gives the fund a 1.12% stake in the company.
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.
AMC arm of Groww, India's largest retail investing platform with over 120 million users. Formerly Indiabulls Mutual Fund, acquired by Groww in 2024 to build a full-stack investment product. Focuses on low-cost index funds and passive ETFs distributed through Groww's app to a predominantly young, first-time investor base.