EaseMyTrip’s Prashant Pitti leads Rs 150 Cr funding for lending fintech Optimo Capital
In addition to the equity round, Optimo raised Rs 110 crore in debt from IDFC and Axis Bank. The company plans to use the new capital to strengthen its technology and AI infrastructure.
Digital lending platform Optimo Capital has raised Rs 150 crore in a Series A funding round led by founder Prashant Pitti, who is also the co-founder of EaseMyTrip, alongside existing investors Blume Ventures and Omnivore.
Pitti, who resigned as Managing Director of EaseMyTrip in August 2025, is now steering Optimo’s push into the secured lending space.
The company operates as a fintech-NBFC specialising in digital loans against property (LAP) and noted in the release that it has grown rapidly since its inception 18 months ago, building a Rs 350 crore loan book and opening 56 branches across five Indian states.
In addition to the equity round, Optimo raised Rs 110 crore in debt from IDFC and Axis Bank. The company plans to use the new capital to strengthen its technology and AI infrastructure, expand co-lending partnerships, and extend its reach across Tier III cities.
The startup targets India’s roughly 4.8 crore small-business owners, most of whom lack formal credit histories despite owning valuable property. Optimo uses digital land records and AI-based valuation tools to offer “in-principle” loan approvals within hours and disbursals in under a week.
Optimo said it became profitable within three months of launch and has remained profitable for over 15 months.
“Optimo is unlocking India’s biggest asset—its land and property—by allowing owners to quickly get secured loans,” said Pitti. “India’s mortgage-to-GDP ratio is just 9% versus above 50% in developed economies, so clearly, we are not utilising our biggest wealth to grow our GDP faster.”
“Prashant’s leadership and disciplined execution are rare in financial services. Optimo is building the blueprint for higher-amount and affordable loans backed by property—the future of secured lending in India,” Blume Ventures Partner Ashish Fafadia added.
“The mid-ticket LAP market is a Rs 22 lakh crore opportunity, and only 28% is being met today. Optimo’s tech-first model is perfectly timed to fill that gap,” Omnivore Partner Reihem Roy noted.
Edited by Kanishk Singh