Lending-tech venture Optimo Loan has secured $10 million in its seed round, which was spearheaded by Blume and Omnivore. Prashant Pitti, the company’s founder, participated as well.
By the end of this year, the money raised will be utilized to grow the business, improve technology, hire more staff, and establish itself in 20 remote Indian places.
Optimo Loan helps companies invest in new technology, boost liquidity, and maintain company continuity with its financing options. Optimo Loan supports local job creation, economic growth, and community development by enabling businesses to thrive.
Optimo Loan’s mission is to be the catalyst for small business growth and success. They are committed to empowering entrepreneurs by providing them with accessible and tailored financing solutions.
About Optimo Loan
Prashant Pitti founded Optimo Loan, which gives MSMEs quick, simple, and adaptable financing solutions. It helps companies invest in new technologies, boost liquidity, and maintain corporate operations.
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