OnEMI Technology Solutions (Kissht)

About the Company

OnEMI Technology Solutions Limited operates a technology-driven digital lending platform under the brand “Kissht,” focused on providing credit solutions to individuals across India. The company offers personal loans and, more recently, loans against property (LAP), catering to both consumption and business-related needs through a largely digital process. Its platform manages the entire loan lifecycle, including customer acquisition, onboarding, credit assessment, disbursal, and collections. The company generates revenue from interest income on loans held on its books and through partnerships with lending institutions. In such arrangements, it earns sourcing fees, servicing fees, and performance-linked income for originating and managing loans. Its business model combines a digital-first approach with partnerships and data-driven processes, enabling scalable lending and access to credit for underserved customer segments nationwide.

Strengths

• Technology-led digital lending platform with fast and seamless loan disbursals
• Large and steadily growing base of registered users and active customers
• Proprietary data-driven underwriting and risk assessment capabilities
• Scalable hybrid model combining own lending and partner-led loans
• Experienced promoters with strong backgrounds in finance and technology

Risks

• A high proportion of unsecured loans increases credit and default risk
• Growth depends on acquiring and retaining customers at scale
• Exposure to regulatory changes in digital lending and NBFC norms
• Heavy reliance on technology platforms creates operational risk
• Ongoing need for capital to fund growth and lending activities