Two Point O Capital raises $10 million
By Abha Lohia · Editor ·
Series AMumbai
- Two Point O Capital, headquartered in Mumbai, finances solar and other clean power assets for factories, offices and similar business clients
- Transition Venture Capital led the $10 million round, with existing backer Omnivore and two individual investors taking part
- It plans to add battery storage to its solar, energy efficiency and wastewater offerings and target data centres, pharma and auto makers
What happened
- Two Point O Capital raised $10 million led by Transition Venture Capital.
- Omnivore, Chiranjeev Singh Saluja and Sudhir M Reddy also took part.
- The valuation was not disclosed.
Why it matters
- Businesses want cheaper clean power but often lack upfront capital.
- Battery storage opens a new line of business.
The business
- Climate financing platform based in Mumbai.
- Deploys solar, energy efficiency and wastewater treatment assets.
- Serves commercial and industrial customers.
Who put in money
- Transition Venture Capital lead
- Omnivore existing investor
What happens next
- Enter battery energy storage.
- Target data centres, auto, pharma and healthcare.
Other articles talking about it
Terms in this story
- Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a listing or a sale. Each step is larger and asks for more proof. In India, Series A rounds run from a few million dollars to about $15 million, as of November 2026.
- Series A: Series A is usually the first large round a startup raises from venture capital funds, after it has shown that people want what it sells. In India it commonly runs from a few million dollars to about $15 million, or roughly ₹25 crore to over ₹100 crore, with founders selling about 15 to 25 percent, as of November 2026.
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