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India: CredR raises over $6.4m from Yamaha Motors, others
July 1, 2021
Incredible Technologies Private Limited, which operates CredR, has raised ₹48.1 crore (approx. $6.5 million), as a part of its latest funding round led by Yamaha Motors, and existing investors Omidyar Network India and Eight Roads Ventures.
The round also saw participation from Astarc Ventures.
According to the Bengaluru-based company, the funding will be used towards consolidating its market position, strengthening its technology platform and expanding customer offerings.
Six-year-old CredR operates used two-wheeler buying platform, through an omnichannel presence. It has a chain of flagship showrooms across Maharashtra, Karnataka, Delhi, NCR and Rajasthan.
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