Two Point O Capital, a climate financing platform, has successfully raised $6.3 million in a seed funding round aimed at advancing clean energy initiatives.
The investment round was led by Omnivore, with participation from Multiply Ventures, RTP Global, GrowX, Spectrum Impact, and several prominent angel investors.
The fresh funds will be utilized to upgrade the platform’s technology for sourcing, funding, and managing decentralized clean energy projects. Additionally, Two Point O Capital plans to expand its team with top-tier talent to support its growing operations.
About Two Point O Capital
Founded in 2024 by Archit Mehrotra, Karan Bhutani, Manya Ranjan, and Shashidhar Reddy, Two Point O Capital specializes in providing flexible financing solutions for clean energy projects, particularly in the commercial and industrial sectors.
Based in Gurugram, the company focuses on decentralized energy initiatives such as solar rooftops, energy efficiency, and wastewater treatment. They offer financing options including leasing and capital expenditure (capex) models.
The startup aims to collaborate with a broad network of operational and financial partners to build and manage a high-quality portfolio of clean energy projects on its platform. Through these partnerships, Two Point O Capital seeks to drive innovation in climate financing and address gaps in underserved sectors, such as rural and agricultural areas.
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Abhilash Sethi, Investment Director at Omnivore, commented on the company’s potential, stating, “Two Point O’s innovative approach to climate financing has the potential to significantly accelerate India’s clean energy transition, with special focus on the underserved sectors, such as rural and agriculture.”
With this recent funding, Two Point O Capital is well-positioned to play a critical role in India’s clean energy future, facilitating sustainable development through innovative financial solutions.
