How much funding has Optimo Loans raised?

Optimo Loans has raised $10.0M in total funding, most recently a Seed round.

Who are Optimo Loans's investors?

Optimo Loans's investors include Blume Ventures, Stakeboat Capital.

When was Optimo Loans founded?

Optimo Loans was founded in 2024.

Where is Optimo Loans headquartered?

Optimo Loans is headquartered in Bangalore, India.

What industry is Optimo Loans in?

Optimo Loans operates in Fintech.

Optimo Loans

India's First Phygital Loan Against Property

Bangalore, India · Founded 2024 · $10.0M raised

Fintech

Headquarters: Bangalore
Founded: 2024
Business Model: B2B
Website: optimocapital.in

Total Funding: $10.0M
Last Round: $10.0M SeedMar 2024
Rounds: 1

About

Optimo Capital (Optimo Loans) is an RBI-registered NBFC based in Bengaluru, founded in 2024 by Prashant Pitti, offering digital Loans Against Property (LAP) for MSME business owners. The company provides secured business loans from ₹10 lakh to ₹2 crore with 7-15 year tenures, minimal documentation, and disbursal in as little as 4 days. Optimo operates 41+ branches across 5 Indian states and has cumulatively disbursed over ₹513 crore to more than 4,275 MSMEs, targeting underserved entrepreneurs such as shop owners, manufacturers, and small business operators.

Summary

Optimo Loans is a Fintech company based in Bangalore, India, founded in 2024. It has raised $10.0M in total across 1 round, most recently a $10.0M Seed round in Mar 2024. Investors include Blume Ventures and Stakeboat Capital.