Automotive leasing startup OTO has raised Rs 10 crore from Prime Venture Partners to strengthen its technology platform and expand across 10 cities in India by June 2020.
Founded in 2018, OTO partners with Banks and NBFCs to provide the capital and offers customers with an alternative option for financing automotive purchases. Previously, it had raised Rs 5 crore in its first round of funding led by Venture Catalysts along with K.Ganesh and Sameer Sawhney also participated. (Source: PR)
Aarzoo is an author at Entrackr who tries to bring in an unbiased perspective while writing about the budding Indian startup ecosystem. Along the way, she also analyses the companies, their numbers, and compiles them. A graduate in Economics from Lady Shri Ram College for women, a will to explore the emerging businesses drives her the most. Connect with her at [email protected].
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