Prashant Pitti’s Optimo Capital raises Rs 150 Cr in Series A round

Optimo Capital — a digital loan-against-property NBFC co-founded by Prashant Pitti — has raised ₹150 crore in a Series A equity round along with ₹110 crore in debt from IDFC and Axis Bank. The fresh infusion will strengthen technology infrastructure, AI-driven underwriting, and co-lending operations while helping the company expand into tier-3 markets. Optimo aims to serve small-business borrowers who lack credit history but have property assets. The article notes its early profitability, growing loan book and use of data-driven valuation systems. The raise showcases investor confidence in secured fintech lending and the scalability of Optimo’s hybrid model blending digital onboarding and traditional collateral-based lending.