CarDekho launches Rupyy

The auto-tech company, CarDekho, has announced a specialized fintech platform, Rupyy which provides extensive financing options to automobile customers and retailers. In a statement, the auto tech company told that the new fintech platform Rupyy will allow customers to apply and get instant approval for all their auto financing requirements. Ruppy is an end-to-end digital platform that has been crafted to simplify the loan process and make it convenient while ensuring a quick turnaround time of just a few minutes. Users can avail a self-help journey through the QR-code, including video-KYC, e-NACH, and e-agreement to get their loan sanctioned at the Point of Sale in no time.

CarDekho further informed that consumers can also avail the process on the website, ruppy.com. After the launch of the new fintech platform, Namit Jain, Co-Founder and CEO of Rupyy, said, “Auto finance has traditionally been one of the most slow-moving categories when it comes to customer experience. On average, the turnaround time to get a loan is upwards of 4-5 days due to several long and physical processes. These processes not only inconvenience customers but also impact the working capital cycle of auto retailers."