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OTO achieves Rs 100 cr disbursal for over 11,000 vehicles through digital commerce

By Pushpa Kumari S
/
13 Feb 2024
blog
OTO achieves Rs 100 cr disbursal for over 11,000 vehicles

In the last 33 months, OTO, a two-wheeler buying and financing startup, has successfully disbursed Rs 100 crore for over 11,000 vehicles through its digital commerce platform.



Since its establishment in 2018, the startup has gained a substantial market share, particularly in the auto financing industry. OTO has witnessed a 2.5x growth in its books, serving over 6,200 customers through its digital commerce platform. The company aims to sell 75,000 two-wheelers and achieve an annual disbursement of Rs 600 crores in the next financial year.

OTO plans to expand its presence in India, enhance its workforce, and establish strategic partnerships for further growth.