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Climate Financing Start-up Raises $6.3 M

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Climate financing start-up Two Point O Capital has raised $6.3 million in a seed funding round led by Omnivore. Multiply Ventures, RTP Global, GrowX, Spectrum Impact. A group of angel investors also participated in the funding round.

Founded in 2024, Two Point O Capital is a climate financing platform for MSMEs and rural enterprises focussed on distributed clean energy projects in the commercial and industrial segments.

The company plans to strengthen its tech-enabled platform to source, underwrite, finance and monitor distributed projects in clean energy segments. These include solar rooftops, energy efficiency equipment, and wastewater treatment.

The funding will enable the company to address a gap in debt financing within the distributed clean energy sector by catalysing investments through innovative financial solutions.

Besides, the start-up aims to work with various operating and financial partners to build a high-quality portfolio and manage it through its lifecycle on the platform.

“By unlocking capital for distributed energy assets in rural India, the start-up empowers businesses nationwide to embrace sustainability. The founding team brings incredible experience from the relevant sectors, and we are excited to partner with them,” Abhilash Sethi, Investment Director, Omnivore, said.

Raveen Sastry, Founding Partner, Multiply Ventures, said, “We are excited to support this talented team as they work to solve one of India’s biggest challenges—bridging the $10 Bn annual gap in financing for clean energy projects.”

“This investment will accelerate our growth trajectory and help attract top talent across various functions to build a best-in-class team,” said Archit Mehrotra, Karan Bhutani, and Manya Ranjan, Founders, Two Point O Capital.

“While traditional financing meets the capital needs of utility-scale clean energy projects, a vast and growing unmet demand exists—exceeding $10 billion annually—for efficient and flexible capital to finance distributed-level projects,” they added.


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