Led · Debt Financing · Mar 2026

Optimo Capital offers digital secured loan-against-property (LAP) products targeting MSME borrowers who own collateral but face barriers to formal credit. Its lending infrastructure leverages a dataset of over 77 lakh mortgage and property transaction records and uses AI-led property inspection and valuation systems to enable in-principle loan sanctions within a few hours. The company manages over Rs 430 crore in assets under management, maintains gross NPAs below 0.7%, and has been profitable for 22 consecutive months with monthly profits of Rs 2–3 crore. Optimo operates 51 branches across five Indian states and employs over 500 people. It recently received a BBB (Stable) rating from CARE Ratings and is scaling through partnerships such as the co-lending arrangement with Godrej Finance and debt lines from Punjab National Bank.

Participated · Debt Financing · Apr 2024

Founded in 2012 by Mainak Chakraborty and Sreekrishna Sankar, GPS Renewables develops, produces, and distributes biofuels and bioenergy infrastructure. The company says it has delivered over 30 projects that are operational or nearing completion and has visibility into more than 200 compressed biogas (CBG) projects being developed with oil marketing companies. GPS Renewables recently secured an EPC contract from NTPC to build India’s first ethanol-to-jet sustainable aviation fuel plant, indicating expansion into higher-value biofuel projects. It has an asset-holding platform called GPSR Arya that has attracted equity investments from a major South Korean conglomerate and prior funding from Sojitz Corporation. The company employs over 800 people and reports annual revenue of around Rs 1,000 crore. Current and recent financings include a $20 million Series B in 2022, $50 million of debt in 2024, and the Rs 635 crore Series C in 2025.