Two-wheeler financier OTO Capital raises Rs.6-Cr from Stride Ventures

Bengaluru-based two-wheeler financier OTO Capital has raised INR 6 crore from venture debt firm Stride Ventures. That inancing comes almost a year after OTO raised USD 6 million in Series A funding, led by Matrix Partners India. Started by IIT Bombay alumni Sumit Chhazed and Harsh Saruparia, OTO Capital claims to provide a simpler buying experience for financing and owning a two-wheeler. It presents buyers with the option to compare brands online, book free unlimited test rides, and make an informed decision.