Optimo Loans
India's First Phygital Loan Against Property
Bengaluru, India · Founded 2024 · $10.0M raised
- Headquarters
- Bengaluru
- 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 Bengaluru, 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.
Tech & App Stack
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Funding History
Mar 2024
Investors
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