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PlutoPe raises Rs 5 crore in a pre-seed round, led by Manit Gupta, to expand its decentralized finance services into underbanked global markets.

Jun 12, 2025•about 2 months ago

Amount Raised

₹5 Million

Round Type

pre-seed

GurgaonCryptocurrencyBlockchainFintechFinancial Services

Investors

Manit Gupta

Description

PlutoPe, a decentralized finance startup, has secured Rs 5 crore in a pre-seed funding round led by Manit Gupta. The funds will be used to expand into underbanked markets and enhance user acquisition strategies. Founded in 2022, PlutoPe aims to empower users to independently manage their finances. The startup is also planning to launch crypto debit cards and a merchant app for seamless crypto acceptance.

Company Information

Company

PlutoPe

Location

Gurgaon, Haryana, India

About

PlutoPe is a decentralized finance (DeFi) startup that offers non-custodial crypto wallet services. Founded in 2022, it aims to function as a crypto neo-bank to empower the next generation of users and businesses. The platform allows direct ownership and use of digital assets while addressing barriers such as poor infrastructure and complex onboarding. PlutoPe is focused on financial empowerment for all, regardless of location or socioeconomic status.

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Funding Insights

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VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers