Optimo Capital Acquires ₹100 Crore from PNB and Partners with Godrej Finance

Optimo Capital, a non-banking financial company focused on MSMEs, has secured ₹100 crore in debt financing from Punjab National Bank (PNB) and has entered a strategic co-lending partnership with Godrej Finance.  

These developments are poised to bolster Optimo's mission of addressing credit gaps in India's MSME sector. 

Optimo Capital's Strategic Moves 

On March 18, 2026, Optimo Capital announced its acquisition of ₹100 crore in debt from PNB. This move follows an earlier ₹150 crore equity investment from Blume Ventures, Omnivore, and founder Prashant Pitti.  

Aligning with its strategic growth efforts, Optimo has initiated a collaboration with Godrej Finance aimed at disbursing up to ₹200 crore in loans over the next year. 

This co-lending engagement seeks to capitalise on Optimo's expertise in secured MSME lending, particularly through its digital loan-against-property (LAP) offerings. 

Loan Offerings and AUM Growth 

Optimo Capital focuses on delivering digital LAP products, catering primarily to the MSME sector. The startup's approach revolves around tech-driven underwriting processes, facilitating seamless credit access for businesses willing to leverage property as collateral. 

Optimo currently boasts an Assets Under Management (AUM) of ₹430 crore, while maintaining a gross Non-Performing Assets (NPA) ratio below 0.7%. Additionally, the company has been profitable since its inception, recording monthly profits between ₹2-3 crore. 

Prashant Pitti's Expanding Ventures 

Optimo was co-founded by Prashant Pitti, who also co-established EaseMyTrip in 2008. A graduate of IIT Madras, Pitti's previous experiences include roles at HSBC and Capital One in the United States.  

His latest venture, Optimo, reflects the synergy of tech and finance aimed at closing the MSME credit deficit, estimated to be $240 billion. 

Business Expansion and Market Presence 

Optimo Capital operates 51 branches across several states, including Karnataka, Tamil Nadu, Telangana, Andhra Pradesh, and Madhya Pradesh.  

With over 500 employees, the company is instrumental in delivering financial solutions to MSMEs located in rural and semi-urban sectors. The company has maintained a BBB (Stable) credit rating from CARE Ratings. 

Read More: PNB Alerts Account Holders: Complete KYC to Prevent Account Closure by April 15, 2026! 

Conclusion 

Optimo Capital's recent debt acquisition from PNB combined with its co-lending alliance with Godrej Finance showcases its ongoing commitment to enhance credit accessibility for MSMEs. These moves signal Optimo's dedication to leveraging technology in offering viable financial solutions in the secured lending space. 

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