Cryptocurrency wallet provider PlutoPe has raised ₹50 million (approximately $58,000) in a Pre-Seed funding round led by investor Manit Gupta. The capital injection will accelerate the company’s expansion into underbanked regions and enhance user acquisition strategies for its non-custodial wallet solutions.
Specializing in user-controlled digital asset management, PlutoPe emphasizes security and autonomy in its wallet infrastructure. The fresh funding will facilitate the development of cryptocurrency debit cards and a dedicated merchant application designed to simplify crypto payment processing for businesses.
This investment underscores growing venture interest in fintech innovations targeting emerging markets and cryptocurrency adoption. PlutoPe’s planned debit card rollout aims to bridge digital assets with everyday transactions, while its merchant tools seek to expand crypto payment acceptance among retailers.