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SUMIT CHHAZED
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...
- 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...
- OTO partners with PURE EV to accelerate adoption of electric 2-wheelersPURE EV will showcase its range of scooters to e-bikes on the OTO platform and offer flexible financing options for customers such as affor...
- 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...
- 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...
- 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.
- Startup CredR's online marketplace is zooming on used two-wheelersThis Mumbai-based startup, less than two years in operation, has seen a sharp growth.
- Workaholic young leaders find innovative ways to switch offAccepting that running a startup isn’t easy and moments of relaxation can be few and far between, they prefer to incorporate them into dail...
- E-market CredR will drive to 20 cities with Rs 99.5 crore fundsEarlier this year, the company raised a seed round from investors including K Ganesh, Snapdeal co-founders Kunal Bahl and Rohit Bansal, and...
- CredR raises Rs 99 crore from Eight Road VenturesThe company says its rating algorithm helps provide high quality vehicles at the best prices and enables transactions through its analytics.
- Fidelity PE invests in consumer tech market in IndiaIt recently pumped $9-mn in hyper-local logistics service provider Shadowfax and $15 mn into online marketplace for used two-wheelers CredR.
- Fidelity to lead Rs 96 crore funding in CredRThe private equity arm of Fidelity is in advanced talks to lead a Rs 96 crore fundraising round in Mumbai-based CredR.
- Pre-owned bike online marketplace CredR to raise $15 millionOnline pre-owned bike marketplace startup CredR expects to close raising of USD 15 million this month to fund its expansion and technology ...
- Ganesh & Meena back IITians disrupting used two-wheeler marketThe consumer internet startup CredR -- co-founded by Sumit Chhazed, Nikhil Jain and Nittin Mittal -- is initially focused on pre-owned two-...
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