Two Point O Capital (TW.O), an AI-powered clean energy deployment platform for commercial and industrial (C&I) businesses, has raised $10 million in a funding round led by Transition Venture Capital. Existing investor Omnivore, along with angel investors Chiranjeev Singh Saluja and Sudhir M Reddy, also participated in the round.
The company will use the fresh capital to expand into battery energy storage systems (BESS) while strengthening its existing operations in solar energy, energy efficiency and wastewater treatment.
Founded in 2024 by Archit Mehrotra, Karan Bhutani, Manya Ranjan and Shashidhar Reddy, TW.O provides sustainable infrastructure solutions to businesses through flexible financing, project ownership, transparent measurement and guaranteed outcomes.
The company works with original equipment manufacturers (OEMs) and engineering, procurement and construction (EPC) firms across India. Its clientele includes Premier Energies, Godrej, JK Tyre, Morepen Pharma, Wipro and Phoenix Mills.
TW.O said its assets under management (AUM) have grown 1.5 times every quarter over the past three quarters. The company operates a proprietary artificial intelligence (AI) and machine learning platform that supports solutioning, underwriting and asset monitoring. Its capabilities include predictive maintenance, risk mitigation and performance optimisation.
The commercial and industrial segment represents an annual opportunity of $100 billion to $150 billion for customised capital and asset solutions addressing clean energy and utility requirements, according to the company. Such solutions can help businesses reduce operating costs, strengthen operational resilience and access markets such as the European Union.
With the latest funding, TW.O also plans to deepen its presence across energy- and water-intensive sectors, including data centres, automotive, pharmaceuticals, manufacturing and healthcare.
The company aims to support factories, hospitals, data centres and manufacturing facilities in adopting cleaner energy systems and more efficient water management solutions.
