Millenium Online Solution (I) Ltd, formerly Mahamaya Investments Limited, was established in April 1980 by Yogindra N Mafatlal and operates in the financial services sector. The company conducted a rights issue in 1994 and invested in equity shares of Indian Dyestuff Industries and Mafatlal Dyes & Chemicals, funded through the rights issue proceeds and asset disinvestment. Complying with non-banking financial company regulations, it invested in the Unit Trust of India's Unit Scheme 1964 and Kisan Vikas Patra by the Government of India, partially liquidating these investments over time.
In 2013, the company expanded its operations into the Information Technology sector, focusing on hardware. This diversification marks a strategic shift from its traditional financial services, reflecting a broadening of its business activities. The company's history of strategic investments and diversification into IT highlights its adaptive approach to evolving market opportunities.
