OTO logo — Two Wheeler Ownership Simplified!

OTO

Two Wheeler Ownership Simplified!

Founded 2018 India India 466 employees Venture round Total: $1.05B Finance, Financial Services +2

General Information

Company Name OTO
Founded Year 2018
Location India India
Employees 466
Industries Finance, Financial Services, Lending and Investments +1
Funding Stage Venture round
Social

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About OTO

OTO is a finance and financial services startup based in India, founded in 2018. The company's slogan, "Two Wheeler Ownership Simplified!" encapsulates its mission to revolutionize the process of vehicle ownership. OTO offers a 10X simpler, more affordable, and convenient vehicle buying experience, challenging customers to find a lower monthly installment elsewhere. The company also provides the unique option to upgrade one's vehicle without being tied down by long-term commitments, ensuring up to 30% less ownership cost. Moreover, OTO boasts innovative perks such as the ability to upgrade with up to 50% assured resale value and zero hassles. Their last venture round investment of INR830.00M on 06 February 2024 attracted notable investors including GMO Venture Partners, Prime Venture Partners, Matrix Partners India, 9Unicorns, KL Rahul, and Turbostart. OTO's unique approach to vehicle ownership and their recent investment success positions them as a promising player in the market.

Taxonomy: Two Wheeler Ownership, Vehicle Purchase, Affordable Instalments, Convenient Ownership, Upgrade Options, Resale Value, Assistance Services, Simplified Ownership, Affordable 2 Wheeler, Flexible Commitments, Easy Maintenance, Convenient Experience

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round INR830.00M 6
Prime Venture Partners, Matrix Partners India +4
06 Feb 2024
Debt Financing INR60.00M 1
Stride Ventures
12 Aug 2022
Series A $6.00M 10
Prime Venture Partners, Matrix Partners India +8
31 Aug 2021
Seed Round Undisclosed 3
500 Startups, Venture Catalysts +1
08 Dec 2020
Seed Round INR100.00M 2
Prime Venture Partners, Venture Catalysts
05 Sep 2019
Debt Financing $1.50M -
01 Sep 2019
Seed Round INR50.00M 4
Venture Catalysts, Sameer Sawhney +2
10 Dec 2018

OTO Alternatives & Competitors

OTO vs
Exeter Finance
Exeter Finance United States

Providing financial solutions to help people get where they want to go.

Private Equity
1361 employees
Finance, Financial Services
OTO vs

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12490 employees
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FAQ About OTO

Two Wheeler Ownership Simplified!
OTO was founded in 2018.
OTO is headquartered in India.
OTO operates in Finance, Financial Services, Lending and Investments and Automotive. Its work centres on Two Wheeler Ownership, Vehicle Purchase, Affordable Instalments and Convenient Ownership.
OTO has approximately 466 employees.
OTO has completed 7 funding rounds, raising a total of $1.05B. The latest funding stage is Venture round.
Top alternatives and competitors to OTO include Exeter Finance, Allianz Partners. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OTO and Exeter Finance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for OTO, https://bouncewatch.com/company/oto-1, updated 2 December 2024. When citing, please name BounceWatch and link this page.

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