Venture Catalysts leads seed funding in car buying platform OTO Capital
7 Dec 2018 5:00 AM GMT
Car buying gets easier and affordable with OTO
- OTO Capital, a platform that allows you to own a car faster than ever, has raised a seed fund of Rs 5 crore led by incubator Venture Catalyst.
- Founded by IIT Bombay alumnus Sumit Chhazed, along with Harsh Saruparia, OTO Capital launched its operations in October 2018.
- He was also the founding member of CredR, a platform for buying and selling of pre-owned two-wheelers, where he now serves on the advisory board.
- This is what Apoorv Ranjan Sharma, Co-founder and President of Venture Catalysts said: OTO Capital has cracked the code to alter the way car ownership is perceived in India.
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