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OTO CAPITAL
CarDekho SEA raises $60 million from Navis Capital, Dragon FundCarDekho's South Asia unit secured $60 million in funding, led by Navis Capital Partners and Dragon Fund. The investment will bolster its u...- Magicpin cofounder Brij Bhushan joins Prime Venture PartnersBrij Bhushan, who was previously the vice president at Nexus Venture Partners, will be a key part of Prime's investment team and will manag...
- BharatPe to offer secured loans to merchant partners; announces partnership with OTO Capital and Volt MoneyThe company has launched facilitation of two-wheeler loans and Loans Against Mutual Funds (LAMF) for its existing merchant partners in the ...
- Mobility startup OTO raises $10 million led by GMO Venture PartnersOTO will use the funds raised to scale up its operations from 10 cities to 25 in the next 18 months, while increasing the number of vehicle...
- Royal Enfield Buyback Offer: Get up to 80% value of your bullet. Here's howRoyal Enfield, in collaboration with OTO Capital, has introduced the 'Assured Buyback Program', a first-of-its-kind initiative in the motor...
- Royal Enfield launches first of its kind buyback program with OTO CapitalMotorcycle maker Royal Enfield has partnered with finance start-up OTO Capital to launch an assured buyback program for its motorcycles. Th...
- Global funds in driver’s seat, EV financing companies charge full steam aheadRev Fin, OTO, Mufin Finance, and Three Wheels United are among the fintech firms that have secured either equity or debt financing from the...
- Global funds in driver's seat, EV financing firms charge full steam aheadIndia's EV financing market will likely be worth $50 billion (₹4.1 lakh crore) by 2030, when 30% of private cars, 70% of commercial vehicle...
- Fintech cos get innovative to charge up EV financingSeveral fintech companies - Rev Fin, Oto Capital and Three Wheels United - have taken the lead in financing EVs. These fincompanies have se...
- Non-bank lenders eye electric vehicle financing to grow businessThe non-bank lender has tied up with Okinawa, Ather Energy and Ampere. The two-wheeler financing segment is 26-27 per cent of its total loa...
- Prosus to pay $4.7B for BillDeskProsus Ventures is set to buy BillDesk, one of India’s oldest digital payment firms, for a cool $4.7 billion in what will be one of the acq...
- Two-wheeler financing startup OTO Capital raises $6 million from Matrix, othersFounded in 2018, OTO is currently present in Chennai, Bengaluru, Pune, Hyderabad and Mysore. The company claims it has grown 4x in the past...
- TCG group to set up petrochemicals project in Tamil NaduThe Purnendu Chatterjee-owned TCG group's flagship company Haldia Petrochemicals Ltd along with Lummus Technology and TCG Digital is keen t...
- Piaggio partners with financing startup for vehicle leasing plansThe facility, currently available for customers in Pune and Bangalore, allows leasing of Vespa or Aprilia scooters for low down payment and...
- To deal with pandemic blow, Piaggio to offer Vespa and Aprilia Scooters on lease"We see flexible ownership to be a desirable new trend amongst the youth of India and we believe, Vespa and Aprilia would lead it to extend...
- Hero Electric partners with OTO Capital for flexible financing options for electric two-wheelersThe partnership will be live across 16 Hero Electric dealers in Bangalore and Pune, with a focus to expand across India in the next few mon...
- CarDekho raises $70 million to expand operationsSequoia India is one of the early investors in CarDekho, having led the Series A round in 2013. With this new round of funding, CarDekho ha...
- Prime Ventures puts Rs 10 crore in OTO CapitalThe startup will use funds to set up office, create a team of engineers, sales & marketing ops.
- OTO raises Rs 10 crore from Prime Venture PartnersOTO has leased cars worth over Rs 10 crore; to expand to 10 cities by mid-2020.
- CarDekho raises $110 million to expand used car businessWith this latest round of funding, the company has so far raised a total of $185 million.
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