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Two-wheeler digital commerce & finance platform OTO raises $10 million funding

Two-wheeler digital commerce & finance platform OTO raises $10 million funding
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OTO Funding: Two-wheeler digital commerce and finance platform OTO raises USD 10 mn, ET Auto

OTO Funding: Responding to evolving consumer demands, OTO introduced its Super EMI plan, reducing two-wheeler EMIs by up to 30% while granting customers the flexibility to upgrade or retain their vehicles at the end of the term.

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Mobility startup OTO raises $10M from GMO Venture Partners, cricketer KL Rahul

Mobility startup OTO raises $10M from GMO Venture Partners, cricketer KL Rahul
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OTO raises $10 million led by GMO Venture Partners and existing investors

OTO raises $10 million led by GMO Venture Partners and existing investors
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OTO Capital: Mobility startup OTO raises $10 million led by GMO Venture Partners

OTO 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 bookings it facilitates from 5,000 per month to 15,000 per month, chief executive and cofounder Sumit Chhazed said.

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