Key Takeaways
- • Two Point O Capital raised $10 million in a funding round led by Transition Venture Capital, with existing investor Omnivore and angel investors Chiranjeev Singh Saluja and Sudhir M Reddy also participating, according to the company.
- • The Bengaluru-based startup, founded in 2024, finances and installs clean energy and water treatment systems for businesses, combining financing with project execution and monitoring.
- • Proceeds will fund expansion into battery energy storage and growth of existing solar, energy efficiency and wastewater treatment businesses.
- • Target sectors include data centres, automotive, pharmaceuticals, manufacturing and healthcare, all with high energy and water requirements.
- • Named customers include Premier Energies, Godrej, JK Tyre, Morepen Pharma, Wipro and Phoenix Mills.
Summary
Bengaluru-based Two Point O Capital has raised $10 million in a funding round led by Transition Venture Capital, the company said. Existing investor Omnivore and angel investors Chiranjeev Singh Saluja and Sudhir M Reddy also participated. The Times of India reported the round as a move to expand the company's clean energy financing.
The startup finances and helps install clean energy and water treatment systems for commercial and industrial businesses. Founded in 2024 by Archit Mehrotra, Karan Bhutani, Manya Ranjan and Shashidhar Reddy, Two Point O combines financing with project execution and monitoring. It works with equipment manufacturers and project contractors to help businesses adopt these systems with lower upfront spending. Transition Venture Capital vice president of investment Yashodhara Bakliwal said that "Two Point O removes the capex barrier, accelerating the adoption of clean energy solutions."
The company plans to use the funds to expand into battery energy storage and grow its existing solar energy, energy efficiency and wastewater treatment businesses. It also intends to reach more customers in sectors with high energy and water requirements, including data centres, automotive, pharmaceuticals, manufacturing and healthcare. The company said its customers include Premier Energies, Godrej, JK Tyre, Morepen Pharma, Wipro and Phoenix Mills.
Karan Bhutani, CEO and co-founder, said that India's growth in commercial and industrial segments will continue to increase demand for energy and water, placing greater pressure on businesses to manage and optimise energy costs and resources. The company said it uses artificial intelligence and machine learning to assess projects, evaluate financing risks and monitor asset performance, and to identify maintenance needs and keep operating costs low.
The startup finances and helps install clean energy and water treatment systems for commercial and industrial businesses. Founded in 2024 by Archit Mehrotra, Karan Bhutani, Manya Ranjan and Shashidhar Reddy, Two Point O combines financing with project execution and monitoring. It works with equipment manufacturers and project contractors to help businesses adopt these systems with lower upfront spending. Transition Venture Capital vice president of investment Yashodhara Bakliwal said that "Two Point O removes the capex barrier, accelerating the adoption of clean energy solutions."
The company plans to use the funds to expand into battery energy storage and grow its existing solar energy, energy efficiency and wastewater treatment businesses. It also intends to reach more customers in sectors with high energy and water requirements, including data centres, automotive, pharmaceuticals, manufacturing and healthcare. The company said its customers include Premier Energies, Godrej, JK Tyre, Morepen Pharma, Wipro and Phoenix Mills.
Karan Bhutani, CEO and co-founder, said that India's growth in commercial and industrial segments will continue to increase demand for energy and water, placing greater pressure on businesses to manage and optimise energy costs and resources. The company said it uses artificial intelligence and machine learning to assess projects, evaluate financing risks and monitor asset performance, and to identify maintenance needs and keep operating costs low.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.