Optimo Capital, India’s only digital loan-against-property (LAP) fintech-NBFC, has raised ₹150 crore ($17.5 million) in a Series-A funding round led by founder Prashant Pitti, with participation from existing investors Blume Ventures and Omnivore.

The company aims to make secured credit accessible to small-business owners who often lack a formal credit history. Optimo enables these entrepreneurs to use their homes or shops as collateral to access higher loan amounts at lower interest rates compared to unsecured loans, the company said in an official release. Advertisement

Using over 77 lakh digital land records and AI-driven processes, Optimo conducts property valuation and title verification within hours and disburses loans in under a week—significantly faster than the traditional 4–6

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