8 Oct 2026 · 39 min
266: 3 failed startups, 1 IIT degree, and a broken Pulsar | OTO Capital | Sumit Chhazed
Sumit Chhazed has started four companies. The first three didn't work. Solar heating, where he was too young to win government tenders. An edtech platform built with IIT Bombay professors that was years ahead of its market and ended in a modest acquisition. Then a two-wheeler commerce business born out of a second-hand Pulsar that broke down every third day in Bombay. The fourth is OTO Capital, a lending infrastructure platform for banks and NBFCs in two-wheeler financing. In 2024, mid-growth and mid-fundraise, the round fell through. He and his co-founders stopped taking a salary for twelve…






