PlutoPe Secures Rs 5 Cr In Pre-seed Round

PlutoPe, a decentralized finance (DeFi) startup has secured Rs 5 crore (around $0.5 million) in a pre-seed funding round led by Indian investor Manit Gupta. 

The fresh funds will be utilized for the next phase of growth, aimed at expanding its global user base, deepening its presence in emerging and under-connected markets, and accelerating the delivery of seamless, user-first crypto financial tools.

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“We believe financial empowerment should not depend on your location, socioeconomic status, or internet speed. PlutoPe ensures people can securely and independently manage their finances - anytime, anywhere,” said Tyagi, founder and CEO.

“PlutoPe signals the next meaningful leap in finance - purpose-built for a world that demands borderless, user-owned access to money,” said lead investor Manit Gupta. “They are not just building products - they’re reshaping infrastructure for billions.”

About PlutoPe 

Founded in 2022 by Kumar Chetan Tyagi, PlutoPe aims to be a next-gen crypto neo-bank for users and businesses. It allows people to directly own and use digital assets by removing barriers like weak infrastructure, low digital awareness, and complicated sign-up steps.

The funding will also help launch new products like crypto debit cards in MENA, Southeast Asia, and LATAM, a merchant app for easy crypto payments, and a one-tap option for Indian users to convert fiat to crypto.

PlutoPe aims to boost its transaction volume from USD 80 million to USD 2.5 billion by building a global decentralized financial system. This system will combine wallet, swap, and card services—without depending on exchanges or traditional banks.

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