India, Nov. 2 -- India's clean energy transition is attracting significant capital, but much of it is flowing into utility-scale projects. Smaller installations across factories, commercial buildings and industrial facilities continue to face a financing gap, even when the technology is commercially viable and can help businesses lower operating costs.

Two Point O Capital wants to channel capital into this underserved segment by bringing financing, technology and project execution under one platform.

To fuel its ambition, the startup has now raised $10 Mn (nearly Rs.95 Cr) in its Series A round led by Transition Venture Capital (TVC). The round also saw participation from existing backer Omnivore and angel investors Chiranjeev Singh Sal...