About ONEMi
ONEMi is a company based in Chennai (India) founded in 2011. ONEMi has raised $5 million across 1 funding round. The company has 1 employees as of April 06, 2024. ONEMi offers products and services including Personal Loans, Business Loans, and Secured Loans. ONEMi operates in a competitive market with competitors including Tabby, Affirm, Afterpay, Zip and Klarna, among others.
- Headquarter Chennai, India
- Employees 1 as on 06 Apr, 2024
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Aasaan Retail Private Limited
- Date of Incorporation 25 Oct, 2011
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$28.21 K (USD)0as on Mar 31, 2023
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Net Profit
$25.04 K (USD)7596.48as on Mar 31, 2023
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EBITDA
-$934.83 (USD)-179.88as on Mar 31, 2023
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Jun 24, 2014
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Investors
Not available
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Employee Count
1
as on Apr 06, 2024
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Products & Services of ONEMi
ONEMi offers a comprehensive portfolio of products and services, including Personal Loans, Business Loans, and Secured Loans.
Fast digital loans for individuals with minimal documentation and quick disbursal.
Hassle-free loans for entrepreneurs to support business growth in India.
Loans against property for financial needs with seamless digital processes.
Funding Insights of ONEMi
ONEMi has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in June 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by ONEMi
Investment portfolio details for ONEMi
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Financial Statements - ONEMi
Detailed financials for ONEMi
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Onemi Comparisons
Peer comparison for ONEMi
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Competitors of ONEMi
ONEMi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tabby, Affirm, Afterpay, Zip and Klarna, among others.
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Purchase financing solutions are offered to businesses via installment payments.
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Point-of-sale financing is facilitated via an online installment payment platform.
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A buy now pay later service is offered by Afterpay.
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Payment solutions are provided for deferred purchasing by Zip.
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Point-of-sale financing is facilitated through an online platform for purchases.
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Point-of-sale financing is provided for various consumer products via installments.
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Detailed competitors of ONEMi
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Latest news on Onemi
Complete news archive for ONEMi
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Frequently Asked Questions about ONEMi
ONEMi was founded in 2011 and raised its 1st funding round 3 years after it was founded.
ONEMi is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
ONEMi is a funded company, having raised a total of $5M across 1 funding round to date.
As of Apr 06, 2024, the latest employee count at ONEMi is 1.
Annual revenue of ONEMi is $28.21K as on Mar 31, 2023.
ONEMi was founded in 2011 in Chennai, India, as an alternative payments provider in the fintech sector. E-commerce purchases are financed through EMI options, including those linked to credit and debit cards. A checkout platform is utilized for loan approvals, which are delivered within 90 seconds. Operations focus on enabling flexible payment solutions for online transactions. A merger with FastBanking was executed in 2016 to expand capabilities.
ONEMi offers Personal Loans, Business Loans, and Secured Loans.