After Ola, Cars24 now applies for NBFC licence, says report
Updated : January 24, 2019 09:24 AM IST
The development comes after the company raised Rs 340 crore in a funding round last year that was led by capital firm Sequoia India.
Ola has applied for an NBFC licence and plans to enter the lending business as an extension of its payment entity, the report added.
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