Mumbai: The Wealth Company Mutual Fund, a Pantomath Group company, has achieved a historic milestone by becoming India’s first asset management company (AMC) to launch a New Fund Offer – NFO on ONDC Network.
The initiative, executed in partnership with Cybrilla Technologies Pvt Ltd, marks a new chapter in digital mutual fund distribution.
NFO on ONDC Network: Expands Access to Tier 2 and Tier 3 Cities
With this NFO on ONDC Network launch, investors across Bharat, particularly in Tier 2 and Tier 3 towns, will now have seamless access to The Wealth Company Mutual Fund’s NFOs through the ONDC Network.
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The step aligns with the company’s vision of democratizing wealth creation and fostering financial inclusion in underserved markets.
Beginning September 24, the fund house will leverage the ONDC Network’s open digital infrastructure to make mutual fund distribution more accessible and convenient for a wider base of investors.
Madhu Lunawat, Founder, MD & CEO of The Wealth Company Mutual Fund, said: “Our integration with the ONDC Network marks a breakthrough moment. As the first AMC to launch NFOs on ONDC, we are making mutual fund investments easier and more accessible, particularly for investors in Tier 2 and Tier 3 cities that were previously underserved. This partnership reinforces our commitment to democratizing wealth creation and expanding financial inclusion nationwide.”
Vibhor Jain, Acting CEO and COO at ONDC, added: “It’s encouraging to see The Wealth Company Mutual Fund launch its NFO through the ONDC Network. By enabling discovery and access through new distribution channels, ONDC is broadening investor engagement and bringing investment opportunities to previously underserved markets. This demonstrates the network’s potential to support a more inclusive and accessible financial ecosystem.”
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NFO on ONDC Network: ONDC’s Growing Role in Financial Services
The ONDC Network has been steadily expanding its role in the financial services sector. In August 2025 alone, the platform processed over 2,800 mutual fund transactions worth approximately ₹1.1 crore, with more than 15 distributors live on the network.
This growth highlights the rising appetite for investment products in emerging markets and the potential for ONDC to transform digital investment access in India.