CredR raises $6.5 Mn led by Yamaha Motors, Omidyar Network India and Eight Roads Ventures

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CredR has raised $ 6.5 Mn in its latest round led by Yamaha Motors, and existing investors Omidyar Network India and Eight Roads Ventures with participation from automotive focused Astarc Ventures. The funding will be used towards consolidating its market position, strengthening its technology platform and expanding customer offerings.

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Sasidhar Nandigam, Co-founder, CredR said, “Our partnership with Yamaha Motors validates our shared vision to provide customers the best option to buy / sell used two-wheelers. They are a name to be reckoned with in the global mobility sphere. The funds raised in this round would help us to go deeper into existing markets and provide world class customer experience empowered with technology.”

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