Key Takeaways
- • Two Point O Capital (TW.O), an AI-powered clean energy infrastructure platform, raised $10 million in a funding round led by Transition Venture Capital, with existing investor Omnivore participating alongside angel investors Chiranjeev Singh Saluja and Sudhir M Reddy.
- • The capital will fund TW.O's entry into battery energy storage systems (BESS) and expand its existing solar, energy efficiency and wastewater treatment businesses.
- • TW.O's model provides project financing, ownership, implementation and performance management so commercial and industrial customers can adopt clean energy without upfront capital expenditure.
- • The company estimates the addressable market for capital and infrastructure solutions for commercial and industrial customers at $100 billion to $150 billion annually.
- • TW.O reported that its assets under management grew 1.5 times in each of the past three quarters; the company was founded in 2024.
Summary
TW.O, an AI-powered clean energy infrastructure platform, has raised $10 million in a funding round led by Transition Venture Capital, according to the company's announcement as reported by the original article. Existing investor Omnivore also participated, alongside angel investors Chiranjeev Singh Saluja and Sudhir M Reddy. The proceeds will support the company's entry into battery energy storage systems and expand its existing solar, energy efficiency and wastewater treatment businesses. Regional outlets including The Times of India, NewsBytes and Business Standard reported the same funding round under similar headlines.
The company provides financing for projects and infrastructure that allow businesses to use clean energy technology without making the initial investment themselves. Its model combines project financing, ownership, implementation and performance management. TW.O works with equipment manufacturers and engineering, procurement and construction firms across India, and its customer portfolio includes Premier Energies, Godrej, JK Tyre, Morepen Pharma, Wipro and Phoenix Mills. The company targets industries with substantial energy and water requirements, including data centres, automotive, pharmaceuticals, manufacturing and healthcare.
Co-founder and chief executive Karan Bhutani said rising pressure on businesses to manage energy and water consumption, alongside energy security and operational resilience amid geopolitical uncertainty, is driving demand. TW.O estimates the addressable market at $100 billion to $150 billion annually. The company was founded in 2024 by Archit Mehrotra, Karan Bhutani, Manya Ranjan and Shashidhar Reddy, whose founders have collectively accumulated more than 75 years of experience at KKR, McKinsey, Shell, BP, Honeywell, ReNew, Sterlite Power and GIC. The company uses proprietary AI and machine learning tools for project assessment, investment underwriting and asset monitoring, supporting predictive maintenance and risk management. It reported that assets under management grew 1.5 times in each of the past three quarters.
Yashodhara Bakliwal, vice president of investment at Transition Venture Capital, said TW.O's approach helps businesses overcome capital expenditure barriers that can slow clean energy adoption. Abhilash Sethi, partner at Omnivore, pointed to a continuing gap between India's growing non-fossil electricity capacity and clean energy infrastructure adoption among commercial and industrial customers. With the new funding, TW.O aims to build a broader platform for financing and deploying energy and water solutions for Indian businesses.
The company provides financing for projects and infrastructure that allow businesses to use clean energy technology without making the initial investment themselves. Its model combines project financing, ownership, implementation and performance management. TW.O works with equipment manufacturers and engineering, procurement and construction firms across India, and its customer portfolio includes Premier Energies, Godrej, JK Tyre, Morepen Pharma, Wipro and Phoenix Mills. The company targets industries with substantial energy and water requirements, including data centres, automotive, pharmaceuticals, manufacturing and healthcare.
Co-founder and chief executive Karan Bhutani said rising pressure on businesses to manage energy and water consumption, alongside energy security and operational resilience amid geopolitical uncertainty, is driving demand. TW.O estimates the addressable market at $100 billion to $150 billion annually. The company was founded in 2024 by Archit Mehrotra, Karan Bhutani, Manya Ranjan and Shashidhar Reddy, whose founders have collectively accumulated more than 75 years of experience at KKR, McKinsey, Shell, BP, Honeywell, ReNew, Sterlite Power and GIC. The company uses proprietary AI and machine learning tools for project assessment, investment underwriting and asset monitoring, supporting predictive maintenance and risk management. It reported that assets under management grew 1.5 times in each of the past three quarters.
Yashodhara Bakliwal, vice president of investment at Transition Venture Capital, said TW.O's approach helps businesses overcome capital expenditure barriers that can slow clean energy adoption. Abhilash Sethi, partner at Omnivore, pointed to a continuing gap between India's growing non-fossil electricity capacity and clean energy infrastructure adoption among commercial and industrial customers. With the new funding, TW.O aims to build a broader platform for financing and deploying energy and water solutions for Indian businesses.
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