Envision Capital's Nilesh Shah backs OnEMI, Milky Mist growth
In short
Nilesh Shah, founder of Envision Capital, said OnEMI Technology and Milky Mist could grow strongly. The CNBC TV18 Market summary said he pointed to OnEMI's digital lending and Milky Mist's value-added dairy business.
This matters because it shows investor interest in these businesses. The report does not say if any deal was made, or give any price or timing details.
What the reporting says
Nilesh Shah of Envision Capital said OnEMI Technology and Milky Mist have strong growth potential, according to a CNBC TV18 Market summary. The note said his view rests on OnEMI's digital lending business and Milky Mist's value-added dairy model, with a broader shift toward organised products. The reporting does not give a date, valuation or transaction, and no investment action was stated.
Why it matters
Nilesh Shah of Envision Capital said OnEMI Technology and Milky Mist have strong growth potential, based on a CNBC TV18 Market summary. The cited reasons were OnEMI's digital lending business and Milky Mist's value-added dairy model, alongside a shift toward organised products. No investment amount, timing, or transaction details were reported, so the practical market impact remains unclear.