Rapid Expansion in MSME Credit
Optimo Capital, an NBFC founded in 2024 by EaseMyTrip co-founder Prashant Pitti, has showcased exceptional growth in its second year of operations. By targeting the underserved MSME segment in Tier-II and Tier-III cities with Loan Against Property (LAP) and Micro-LAP products, the company has scaled its footprint rapidly.
Financial Performance Highlights (FY26)
- Revenue from Operations: Rs 68.5 crore (up from Rs 13.1 crore in FY25).
- Profit After Tax (PAT): Rs 10.5 crore (4.8X growth).
- Assets Under Management (AUM): Rs 441 crore, reflecting a 179% increase.
- Loan Disbursements: Rs 401 crore, a 155% rise year-over-year.
Operational Traction
The company successfully expanded its physical presence to 49 branches across South and Central India, supporting a customer base that grew to 3,277 active borrowers. With an employee base of 580, the firm is building a robust infrastructure to support its target of Rs 1,200 crore in AUM by FY27.
Strategic Takeaways
The company’s growth model validates the high demand for collateralized lending among small businesses in smaller cities. Founder Prashant Pitti’s commitment, evidenced by a personal Rs 73 crore investment, signals strong founder-market fit and confidence in the venture’s longevity.