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Two Point O Bags $10 Mn To Bridge The Financing Gap In Clean Energy

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Two Point O Bags $10 Mn To Bridge The Financing Gap In Clean Energy

India’s clean energy transition is attracting significant capital, but much of it is flowing into utility-scale projects. Smaller installations across factories, commercial buildings and industrial facilities continue to face a financing gap, even when the technology is commercially viable and can help businesses lower operating costs.

Two Point O Capital wants to channel capital into this underserved segment by bringing financing, technology and project execution under one platform.

To fuel its ambition, the startup has now raised $10 Mn (nearly ₹95 Cr) in its Series A round led by Transition Venture Capital (TVC). The round also saw participation from existing backer Omnivore and angel investors Chiranjeev Singh Saluja and Sudhir M Reddy.

The startup plans to utilise a major chunk of the fresh proceeds towards financing the deployment of clean energy assets for its commercial and industrial (C&I) customers. The capital will also be utilised to strengthen the startup’s tech stack and ramp up hiring.

The latest round comes two years after Two Point O raised over $6 Mn, via a mix of equity and debt, in 2024 .

“There was a lot of capital that was getting pumped into utility-scale, grid-scale projects. But there wasn’t enough capital inflows into the distributed or decentralised energy projects, to put it simply, for industries and buildings,” cofounder and CEO Karan Bhutani told Inc42.

Founded in 2024 by Bhutani, Archit Mehrotra, Manya Ranjan and Shashidhar Reddy, Two Point O provides financing, turnkey solutions and equipment leasing across areas such as rooftop solar, battery energy storage systems (BESS) and wastewater treatment.


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