Optimo Secures Rs 100 Cr from PNB, Partners Godrej Finance for Co-lending

• Optimo Capital, a digital MSME lending firm, raised Rs 100 crore from Punjab National Bank.
• The company also partnered with Godrej Finance for a co-lending agreement to disburse Rs 200 crore over 12 months.
• Founded by Prashant Pitti, Optimo aims to bridge the $240 billion credit gap in India's MSME sector using technology.
• Optimo manages over Rs 430 crore in AUM with gross NPAs below 0.7% and is profitable since inception.
• Leveraging AI and digital land records, Optimo offers rapid property valuation and loan disbursals in under a week.