OTO Capital

About

OTO Capital is a software company that provides affordable plans to purchase motor bicycles.

Mumbai,Maharashtra,India
251 - 500

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: ₹50M
Industries: Auto Insurance,Automotive,Software
Founded date: Jan 1, 2018
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: 1T9 Technology Private Ltd

OTO Capital is a software platform that helps people to own or buy a car. The platform works in partnership with various banks and NBFCs to provide financing options to its customers. It also provides full auto lifecycle management, from credit underwriting to insurance, maintenance, and eventual resale of the vehicle.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

₹210M $7.50M

OTO Capital has raised a total of ₹210M $7.50M in funding over 2 rounds. Their latest funding was raised on Aug 12, 2022 from a Debt Financing round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 12, 2022	Debt Financing	₹60M	1	Stride Ventures	—	Detail
Aug 31, 2021	Series A	$6M	10	Matrix Partners India	—	Detail
Dec 8, 2020	Seed	—	2	Venture Catalysts	—	Detail
Sep 5, 2019	Seed	₹100M	2	Prime Venture Partners	—	Detail
Sep 1, 2019	Debt Financing	$1.50M	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

16

OTO Capital is funded by 16 investors. Stride Ventures and Matrix Partners India are the most recent investors.

Investor Name	Lead Investor	Funding Round
Stride Ventures	Yes	Debt Financing
Matrix Partners India	Yes	Series A
Venture Catalysts	Yes	Seed
9Unicorns Accelerator Fund	—	Series A
Ashneer Grover	—	Series A
Asish Mohapatra	—	Series A
Better Capital	—	Series A
K Ganesh	—	Series A
Kunal Shah	—	Series A
Prime Venture Partners	—	Series A