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Optimo Loan raises $10M in seed round led by Blume and Omnivore to expand operations and enhance technology.

PRIVATEMar 20, 2024

Amount Raised

$10 Million

Round Type

Seed

BengaluruFinancial ServicesFintechLending

Investors

Blume VenturesPrashant PittiOmnivore

Description

MSME-focused lending-tech startup Optimo Loan has raised $10 million in its seed round led by Blume and Omnivore, with additional contribution from Optimo's founder, Prashant Pitti. The proceeds will be used to expand its operations, enhance its technology, recruit new talent, and broaden its presence to 20 locations in rural India by the end of this year.

Quick answer

Optimo Loan raised $10 Million in a Seed round, dated March 20, 2024. Investors: Blume Ventures, Prashant Pitti and Omnivore. Optimo Loan is based in Bengaluru, Karnataka, India.

How much did Optimo Loan raise?
Optimo Loan raised $10 Million in a Seed round on March 20, 2024.
Who invested in Optimo Loan?
Blume Ventures, Prashant Pitti and Omnivore are named as investors in this round.
What does Optimo Loan do?
Accelerate your company's growth with Optimo Capital Financial Services.
Where is Optimo Loan based and how big is it?
Optimo Loan is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Optimo Loan?
Fundz holds 1 contact at Optimo Loan. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Optimo Loan

Location

Bengaluru, Karnataka, India

About

Accelerate your company's growth with Optimo Capital Financial Services. With specialised finance options for every business, we assist your investments in Business loans.

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