Two Point O raises $10 Mn for smaller clean energy installations

Picture: Inc42 · see the original ↗

Two Point O Capital has raised $10 Mn (nearly ₹95 Cr) in a Series A round led by Transition Venture Capital, with participation from existing backer Omnivore and two angel investors. The startup finances clean energy assets such as rooftop solar and battery storage for commercial and industrial customers. It will use the money to finance deployments, strengthen its tech stack, hire, enter the SME segment and expand across India.

Source: Inc42 ↗