Two Point O raises $10M led by Transition Venture Capital
Two Point O will use this funding round to expand into newer asset classes as well deepening its reach in the current energy management segment.
Two Point O Capital, an AI-powered clean energy deployment platform, has successfully raised $10 million in its Series A funding round. Transition Venture Capital led the investment, with participation from Omnivore and angel investors Chiranjeev Singh Saluja and Sudhir M Reddy. The company plans to utilize the capital to expand into new asset classes, such as battery energy storage systems (BESS), and strengthen its presence in existing areas like solar, energy efficiency, and wastewater treatment.
Founded in 2024 by Archit Mehrotra, Karan Bhutani, Manya Ranjan, and Shashidhar Reddy, Two Point O aims to help businesses adopt clean energy infrastructure by combining financing, technology, and end-to-end project execution. The startup's proprietary AI/ML-driven platform aids in solutioning, underwriting, and asset monitoring.
Yashodhara Bakliwal, VP of Investment at Transition Venture Capital, highlighted the company's ability to remove capital expenditure barriers, enabling customers to focus on their core business while managing the build.
With an existing client base including Premier Energies, Godrej, JK Tyre, Morepen Pharma, Wipro, and Phoenix Mills, Two Point O has consistently doubled its assets under management every quarter over the last three quarters. The startup partners with Original Equipment Manufacturers (OEMs) and Engineering, Procurement, and Construction (EPC) companies across India to enable clean energy adoption among commercial and industrial customers.
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