CarDekho’s subsidiary CarDekho Financial Services will be transformed and merged under Rupyy
With the launch of Rupyy, CarDekho aims to become a go-to place for all financial requirements of automobile consumers and retailers
CarDekho Financial Services, which is merged into Rupyy, claims to have a monthly run-rate (MRR) of INR 400 Cr in used car finance disbursals on FY22
Automobile marketplace unicorn CarDekho has launched a fintech platform Rupyy. According to the startup, its subsidiary CarDekho Financial Services will be transformed and merged into Rupyy.
Rupyy, which is a digital lending platform, will offer a paperless loan in a matter of a few minutes. Further, it will offer a slew of financial products including new car and used car loans, two-wheeler, personal, and car loans, among others.
To avail loan through Rupyy, customers have to scan QR code at car dealerships. Following this, they have to do KYC verification, e-NACH and sign an online agreement to get…