OnEMI Technology Solutions Ltd. IPO

OnEMI Technology Solutions Ltd., is a leading digital lending platform focused on India’s mass market. With a tech-first, fully digital approach, it offers personal loans and loans against property (LAP) with instant approvals and minimal paperwork. Kissht serves young, digitally savvy, ... credit-seeking customers, especially in the aspirational upper mass market underserved by banks, providing accessible, hassle-free financing nationwide. Kissht offers an end-to-end digital experience covering KYC, credit assessment, loan disbursal, and collections, serving young, digitally savvy customers with growing credit needs. It focuses on the mass market segment, that faces significant challenges in availing MSME loans, primarily due to inefficient processes across customer journey often resulting in longer turnaround times. Kissht’s digital processes have reduced personal loan TAT from weeks to minutes, ensuring rapid, scalable, and efficient credit delivery through a fully digital journey from application to repayment tracking. Kissht stands out with a diversified sourcing strategy, leveraging digital marketing, merchant partnerships, aggregators, and exclusive branches. Kissht is one of the few new-age digital lending players that is deploying “credit QR” based offline-to-online (O2O) customer acquisition model in India as of December 31, 2025. Kissht’s sourcing strategy is predominantly digital-first, with a focus on customer acquisition through its mobile application. The company has built a robust presence in the digital ecosystem, targeting tech-savvy, credit-seeking consumers through app-based journeys. Kissht’s strong customer retention, driven by exceptional service, reflects high loyalty and effective lifecycle management. Its expanding LAP and personal loan offerings, robust tech infrastructure, and strong brand position it for sustained leadership in India’s digital lending space. Kissht has built a strong, trusted brand through consistent service and recognition from platforms like The Economic Times BFSI Top Brands and Cyber Security Excellence Awards (2022). The onboarding of Sachin Tendulkar as brand ambassador further boosted visibility. Tendulkar brings immense brand value through a blend of credibility, excellence, and emotional connection—earning trust from older audiences who respect his legendary journey, while also inspiring younger generations with his unmatched mastery. With a customer base of over 11 million customers, Kissht reinforces its leadership in digital lending. Kissht has built strong in-house collections and risk management capabilities, backed by AI and data analytics. As an early adopter of ML-based underwriting since 2019 and AI-based models since 2025, Kissht leverages advanced algorithms to flag high-risk profiles early, optimizing collections and enhancing underwriting precision. Its tech-led processes from onboarding to repayment deliver lower NPAs and stronger portfolio health than industry averages, supported by tele-callers and field agents. Kissht has also entered secured MSME lending through LAP, driving AUM and profitability growth. Read more

Our Company was incorporated as ‘OnEMI Technology Solutions Private Limited’ as a private limited company under the Companies Act, 2013, pursuant to the certificate of incorporation dated June 18, 2016, issued by the RoC CRC. Our Company was subsequently converted into a public ... limited company pursuant to the resolution passed by our Board of Directors on June 16, 2025, and special resolution passed by our Shareholders on June 17, 2025, and the name of our Company was changed to ‘OnEMI Technology Solutions Limited’, and a fresh certificate of incorporation dated July 8, 2025, was issued by the RoC CPC.

Digital lending overview
Digital lending platforms use FinTech tools like AI credit scoring, automated underwriting, and APIs to streamline the loan process to offer fast and paperless credit
Digital lending platforms are reshaping credit delivery by leveraging AI, big ... data, and automation to streamline the entire process from application, loan contract execution to disbursement eliminating paperwork and infrastructure. They offer fast, paperless, and accessible credit, improving efficiency, accuracy, and inclusion, especially for collateral-free personal and working capital loans suited to digital channels. FinTech, as a subset, powers this transformation through tools like AI-driven credit scoring, automated underwriting, and APIs. These innovations enable faster decisions, better user experiences, real-time insights, and scalable servicing. While FinTech also supports payments and insurance, its core strength lies in building the tech foundation for efficient, inclusive lending. Digital lenders leverage technology to offer faster, flexible, and tailored credit solutions to underserved customers while overcoming the limitations of conventional lending process Digital lenders target underserved customers overlooked by conventional lending process due to limited and rigid loan product s and manual underwriting. Conventional lenders typically have limited underwriting capabilities due to limited data, reliance on manual processes and conservative risk assessments. In contrast, digital lenders leverage advanced technologies such as AI-driven credit scoring, OCR, APIs, automated document verification, eKYC, and real-time decision-making to accelerate approvals, reduce costs, and offer more flexible, tailored products. This tech-driven model enhances risk management, expands credit access in underserved regions, and offers a scalable, efficient alternative to conventional lending. Conventional players have standard product offerings with limited flexibility due to limited data and capabilities for credit assessment, leading to the absence of tailored products, unlike digital players. Customers benefit from digital lending through enhanced convenience, transparency, and accessibility and can apply for loans online using a smartphone or computer. This is in contrast to conventional lending with inefficient and manual legacy processes including use of traditional underwriting methods and customer engagement which often require customers to visit bank branches or submit multiple physical documents. This causes a slower response time leading to poor customer experience. With instant eligibility checks and quicker disbursements directly to customer accounts that are provided by digital lenders, the process becomes significantly more user-friendly. TAT for personal loan disbursement through digital processes takes a few minutes compared to the conventional methods, which would take multiple days under traditional underwriting methods, resulting in a longer turnaround time. Digital lending platforms offer lenders cost-efficient, automated risk processes and provide customers with easy apps, transparent processes, and convenient financial solutions Digital lending platforms automate workflows, reduce costs, and enable data -driven decisions to minimize risk. For customers, they offer faster approvals, greater transparency, and affordable credit through app-based access, enhancing efficiency, trust, and convenience within the lending ecosystem. Driven by younger, digital-first borrowers, digital loan disbursals are projected to grow from ?2.3 trillion in Fiscal 2025 to Rs.7.2 trillion by Fiscal 2030, reflecting demand for quick and seamless online credit Digital lending growth is driven particularly by Gen Z and millennials, who prefer instant personal loans and digital solutio ns over conventional methods. They value fast, seamless online processes with quick approvals and disbursals. Financial institutions and FinTechs are leveraging AI, data analytics, and digital infrastructure to streamline lending. This momentum is expected to expand across demographics as digital convenience reshapes credit access. India’s mass-market loan segment is expanding steadily, led by households earning ?0.5–1.5 million annually. As this group grows, rising credit awareness and aspirations are driving demand for personal loans and LAP—fuelling formal credit adoption for needs ranging from lifestyle upgrades to business capital.     Read more