

OnEMi Technologies, the parent company of Kissht and RING, has turned profitable in FY22 and crossed the Rs 1,000 crore revenue mark in FY23. The company's revenue from operations doubled to Rs 1,020.9 crore in FY23 compared to Rs 513.6 crore in FY22. The majority of the revenue came from processing fees collected at the time of loan release. However, the company's profit shrank due to ESOP expenses.


OnEMi Technologies, the parent company of Kissht and RING, has turned profitable in FY22 and crossed the Rs 1,000 crore revenue mark in FY23. The company's revenue from operations doubled to Rs 1,020.9 crore in FY23 compared to Rs 513.6 crore in FY22. The majority of the revenue came from processing fees collected at the time of loan release. However, the company's profit shrank due to ESOP expenses.
•The company's revenue from operations doubled to Rs 1,020.9 crore in FY23 compared to Rs 513.6 crore in FY22.
•The majority of the revenue came from processing fees collected at the time of loan release.
•However, the company's profit shrank due to ESOP expenses.
•OnEMi Technologies has a total subscriber base of over 10 million and 1.2 lakh online and offline merchant partners.







