Business · Companies · 47 mins ago
Two Point O raises $10 million in funding
Two Point O has raised $10 million in funding.
Transition Venture Capital led the round.
The announcement gives no details about Two Point O’s business or where it operates.
It does not say how the company plans to use the money.
No other investors are named.
The funding amount and lead investor are the only details announced, so the company’s plans after the raise are not clear.
Two Point O Capital 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.
The company plans to expand into battery energy storage and grow its solar, energy efficiency and wastewater treatment businesses.
It also aims to grow in sectors including data centres, automotive, pharma, manufacturing and healthcare.
- Who
- Two Point O Capital raised the funding. Transition Venture Capital led the round.
- What
- The company raised $10 million to expand its clean energy platform.
- When
- Not stated
- Where
- India. The company works with businesses across the country.
- Why
- To expand into battery energy storage and deepen its presence in clean energy and utility services.
This story does not have two clearly opposing sides.
Two Point O Capital was founded by Archit Mehrotra, Karan Bhutani, Manya Ranjan and Shashidhar Reddy.
India crossed 50 per cent of installed electricity capacity from non-fossil sources, five years ahead of its 2030 target.
Business Standard and YourStory reported that Two Point O Capital had raised $10 million.
- Funding
- $10 million
- Lead investor
- Transition Venture Capital
- Other participants
- Omnivore, Chiranjeev Singh Saluja and Sudhir M Reddy
- Founded
- 2024
- Expansion plans
- Battery energy storage, solar, energy efficiency and wastewater treatment
3 sources
What people are saying
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
The recent West Asia crisis has further underscored the importance of energy independence and resilience, making the transition to clean energy and efficient water utilisation an imperative rather than a choice
By taking end-to-end ownership of execution, TW.O enables customers to focus on their core business rather than managing the build