Droom's credit enterprise processed over 10,000 auto loans in the previous year and the company has teamed with Yes Bank. IDFC First Bank, Tata Capital, Faircent, Hero Fincorp, Manappuram, Lendbox, and Cashkumar.
The charges claim that VCNC has been operating a taxi service without a proper license after local taxi drivers filed complaints. This has restarted the debate over South Korea's strict transportation regulations.
Henry Park, HyreCar’s COO, said, “Dealerships are an ideal partner since they possess brand recognition and proximity to our drivers at the local level. Additionally, HyreCar’s scalable platform enables our partners to enjoy immediate ROI from their standing inventory.”
This announcement comes only recently after President Widodo started the second term of his presidency. The President had stated before that he wanted to bring in more business veterans onto his cabinet.