TWO POINT O CAPITAL raises $10MN LED BY TRANSITION VC FOR CLEAN ENERGY

Two point O capital is an AI powered clean energy placement platform for commercial and industrial buisnesses, it has raised around $10 million in funding which was organised by Transition Venture Capital. Existing investor Omnivore and Angel investors ; Chiranjeev Singh Saluja and Sudhir M Reddy also participated.

The raised funds will be used to expand battery energy storage systems (BESS) and strenghthen its presence in solar energy, energy efficacy and waste water treatment, the company said in press meeting.

The company was founded by Archit Mehrotra, Karan Bhutanu, Manya Ranjan and Shashidhar Reddy. TW.O  helps business switch to green energy and sustainable infrastructure with no upfront hassle.

The company helps us by bringing financing, project execution, technology and asses managment. It has worked with reputed companies such as Godrej, Wipro, JK tyres and Morepen Pharma.

TW.O has claimed that its assests has grown 1.5 times every quater over the past three quaters. It uses AI and machine learning technology to provide solutions and monitor. The platform enables predictive manitenance, planning, implementing stratergies and check performances.

TW.O claims that C and I segment presents an annual opportunity of $100 billion to $150 billion for helping factories and other buisnesses finance and install cleaner, more reliable and potentially cheaper energy systems. It can also meet standards of European Union requirments and standards to sell products.

TW.O also plans to expand its energy and water sectors, including data centers, automotive, pharmaceuticals, manufacturing and healthcare. It also aims to help factories, hospitals, data centres and manufacturing facilities adopt cleaner energy and more efficient water managment solutions.