PlutoPe Secures ₹50 Million Pre-Seed Funding to Expand Crypto Wallet Services and Launch Debit Cards

PlutoPe, a crypto wallet service provider, successfully closed a ₹50 million Pre-Seed funding round (around $58,000), as reported by COINOTAG on June 15. The round was spearheaded by investor Manit Gupta, signaling strong confidence in PlutoPe’s growth potential. Established in 2022, PlutoPe specializes in non-custodial cryptocurrency wallets, prioritizing user control and security. The fresh capital injection is earmarked to accelerate expansion into underbanked regions, aiming to broaden financial inclusion through digital assets. Additionally, PlutoPe intends to bolster its user acquisition strategies to capture a larger market share. Future product developments include launching cryptocurrency debit cards and a merchant application, designed to streamline crypto payment acceptance and enhance transactional efficiency for businesses. This strategic funding round underscores the growing investor interest in fintech solutions targeting emerging markets and the evolving crypto ecosystem.