Bengaluru-based Ohm Mobility acquires loan management software firm CloudNBFC
Ohm is building a tech platform that aims to modernise the way vehicles and EVs are financed and managed across the emerging markets. In a statement, the company said that this deal puts it in a strong position to grow, and become a leader in the segment.
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Nagpur-based company,
“While the government aims for EV adoption on a big scale, financing of EV remains one of the biggest challenges. Ohm s tech platform is trying to make financing of EVs easier for lenders,” said Nikhil Nair, CEO and Founder, Ohm Mobility.