OTO has announced its collaboration with Mufin Green Finance Ltd. Under the collaboration OTO aims to leverage technology to offer seamless financial solutions. The partnership grants Mufin Green Finance Ltd. access to OTO's digital-savvy customer base and strategically positions both companies in the expanding electric mobility sector.
The partnership aims to drive electric vehicle adoption in the Indian market, with plans to allocate over INR 250 crore in green mobility, deploying over INR 100 crore through Mufin Green Mobility.
Sumit Chhazed, Co-Founder and CEO, OTO, said, “Our focus on electric two-wheelers aligns seamlessly with our vision for a sustainable and energy-conscious society, reinforcing our dedication to providing innovative solutions for the modern rider while prioritizing environmental stewardship.'
Pankaj Gupta, CEO of Mufin Green Finance Ltd, said, “With this partnership, we hope to target and serve the young, digital-savvy, and affluent generation of customers and expand our retail portfolio by providing them with the highest quality services that we are known for.'
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