Priya PatelTLDR: Digital commerce and finance platform OTO has raised $10 million in funding from investors including GMO Venture Partners. The platform, which focuses on two-wheeler vehicles, plans to use the funding for expansion and to support its efforts in the electric vehicle sector. OTO offers a range of services, including digital financing, free home trials, and a lowest price guarantee, to make the purchasing and financing process more convenient and affordable for consumers. The company has sold over 75,000 two-wheelers and disbursed loans exceeding ₹550 crore to date.
OTO: Revolutionizing 2-wheelers with $10M funding for digital commerce & finance
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