India Digest: Two Point O Capital, Care.fi raise funding

India Digest: Two Point O Capital, Care.fi raise funding

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Two Point O Capital has raised $6.3 million in seed funding led by Omnivore, while Care.fi has secured debt funding from Wint Wealth (Ambium Finserve) and Caspian.

Omnivore backs Two Point O Capital

Climate financing platform Two Point O Capital has raised $6.3 million in seed funding led by Omnivore, per a company statement.

The funding round also saw participation from Multiply Ventures, RTP Global, GrowX, Spectrum Impact, and a group of angels.

Two Point O Capital will use the funding to improve its tech-enabled platform for sourcing, financing, and monitoring distributed projects in clean energy sectors and to hire a top-tier team, it said in a statement.

Founded in 2024 by Archit Mehrotra, Karan Bhutani, Manya Ranjan, and Shashidhar Reddy, Two Point O Capital offers solar rooftops, energy efficiency, and wastewater treatment, offering leasing, and capex financing options.

Care.fi secures debt funding

Healthcare-focused fintech startup Care.fi has raised about $995,794 (Rs 8 crore) debt capital from Wint Wealth (Ambium Finserve) and Caspian, it announced on Thursday.

While Wint Wealth contributed Rs 5 crore to the round, Caspian injected Rs 3 crore.

“Since our inception, we have witnessed remarkable growth and this funding will help us scale our book size further. Last financial year, we witnessed a growth of 4x in total disbursals, reaching cumulative disbursals of Rs 400 crore,” said Sidak Singh, co-founder of Care.fi.

“This funding will help us further increase our presence in the market and invest in the betterment of healthcare fintech, especially for optimising the operational end of hospital management,” added Vikrant Agrawal, co-founder at Care.fi.

Founded in 2021, Care.fi received an NBFC licence within just two years of operations. At present, the platform is working with more than 50+ renowned hospitals and have helped 2,000+ patients with their claims.

Edited by: Joymitra Rai

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