Two Point O Capital raises $10M to widen clean energy financing
What's the deal? Two Point O CapitalDealroom has a profile for this one. Try Dealroom →, a Bengaluru startup that finances and installs clean energy and water treatment systems for businesses, has raised $10 million in an early-stage round led by Transition Venture Capital. Existing investor Omnivore and angel investors Chiranjeev Singh Saluja and Sudhir M Reddy also participated.
What's the endgame? Founded in 2024, the company combines financing with project execution and monitoring, working with equipment makers and contractors so businesses can adopt systems with lower upfront spending. "Two Point O removes the capex barrier, accelerating the adoption of clean energy solutions," said Yashodhara Bakliwal, vice president, investment, at Transition Venture Capital.
Where's the money going? The startup will expand into battery energy storage and grow its solar, energy efficiency, and wastewater treatment businesses. It plans to reach more customers in energy- and water-intensive sectors, including data centres, automotive, pharmaceuticals, manufacturing, and healthcare.
Why now? "India's tremendous 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," said Karan Bhutani, chief executive officer and co-founder. The company counts Premier Energies, GodrejDealroom has a profile for this one. Try Dealroom →, JK Tyre, Morepen PharmaDealroom has a profile for this one. Try Dealroom →, WiproDealroom has a profile for this one. Try Dealroom →, and Phoenix MillsDealroom has a profile for this one. Try Dealroom → among its customers.
How it works: Two Point O uses artificial intelligence and machine learning to assess projects, evaluate financing risks, and monitor asset performance. The technology also flags maintenance needs to keep operating costs low.
The signal: The round lands amid growing climate-tech funding in India, where distributed projects like commercial rooftop solar and energy-efficiency equipment sit apart from the larger loans flowing to utility-scale developers. Peers such as Smart Joules have also raised $10 million to scale across the commercial and industrial sector, underscoring investor appetite for financing that lowers the barrier to clean energy adoption.
Read more: timesofindia.indiatimes.com
Image credit: Generated with Gemini
