CONNECT WITH US
Funding Tracker

Funding Tracker

Two Point O raises $10M led by Transition Venture Capital

YourStory – Funding logo

Published on

Add as a preferred source on Google
Two Point O raises $10M led by Transition Venture Capital

Two Point O Capital (TW.O), an AI-powered, full-stack clean energy deployment platform for commercial and industrial (C&I) businesses, has raised $10 million in a funding round led by Transition Venture Capital. Existing investor Omnivore and angel investors Chiranjeev Singh Saluja and Sudhir M Reddy also participated in the round.

TW.O said it will use the funds to expand into new asset classes, including battery energy storage systems (BESS), and deepen its presence in existing segments such as solar, energy efficiency and wastewater treatment.

The capital will also support its expansion into sectors with significant energy and water requirements, including data centres, automotive, pharma, manufacturing and healthcare, the company said in a statement.

Founded in 2024 by Archit Mehrotra, Karan Bhutani, Manya Ranjan, and Shashidhar Reddy, TW.O helps businesses adopt clean energy infrastructure by bringing together financing, technology and end-to-end project execution.

“This funding will accelerate our vision to become India’s first and largest multi-asset and multi-solution platform enabling adoption of clean energy by C&I customers,” said Karan Bhutani, CEO and Co-Founder of Two Point O Capital.

TW.O partners with OEMs and EPCs across India. Its existing clientele includes the likes of Premier Energies, Godrej, JK Tyre, Morepen Pharma, Wipro, Phoenix Mills, and several other large commercial and industrial customers.

According to the startup, it has grown its assets under management by 1.5x consistently every quarter over the last 3 quarters and uses a proprietary AI/ML-enabled platform for solutioning, underwriting and asset monitoring.

“Two Point O removes the capex barrier, accelerating the adoption of clean energy solutions.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.