Optimo funding, investors and company details
Optimo is an emerging Banking and Finance - FinTech startup from New Delhi, working in the space of Financial services / MSME credit & lending tech, providing tailored business loan products, including MSME financing, working capital support. Founded by Prashant Pitti.
- Company: Nipun Projects and Finance Private Limited
- Sector: Banking and Finance - FinTech
- Location: New Delhi
- Founders: Prashant Pitti
- Total funding raised: ₹83.35 Cr
Company overview
Optimo Loan is a technology-enabled MSME financing and lending platform founded to make access to business credit quick, simple, and flexible for micro, small and medium enterprises across India, with the goal of bridging the large credit gap in formal lending for small businesses, especially in rural and underserved regions of the country. Optimo Loan leverages innovative technology, data insights, and a hybrid physical-digital (“phygital”) distribution model to deliver tailored financial solutions that help companies invest in new technology, improve cash flow, boost liquidity, and sustain operations. Its offerings typically include working capital loans, equipment financing, invoice financing, merchant cash advances, and other credit products designed to support business growth needs. The startup focuses on faster underwriting and deeper financial insights using advanced analytics and co-lending partnerships with banks and non-bank finance companies, enabling MSMEs to secure funding even without extensive formal credit histories. By empowering small businesses with timely access to capital, Optimo Loan aims to fuel economic growth, job creation, and community development across India’s entrepreneurial landscape.
Funding rounds
- Latest round (Seed): $ 10.00 Mn (₹83.35 Cr.), 2024-03-20. Investors: Blume Ventures, Omnivore Venture Capital, Prashant Pitti (EasyMyTrip)