CarDekho Pumps $100 Mn In Fintech Subsidiary Rupyy
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Automobile marketplace CarDekho plans to invest $100 Mn in a mix of debt and equity in its fintech subsidiary Rupyy. The finance arm will use the supposed funding to scale up its non-banking financial company (NBFC) business. The prospective investment will also be deployed to shore up its technology vertical and launch new product categories.