Debt financing

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

Economic Times   YourStory  

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.

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