# Plaeto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/plaeto

- Industry: Consumer Products
- Headquarters: Bangalore, India
- Website: www.plaeto.in
- Total disclosed funding: $5M
- Latest round: Series A (Jul 17, 2022)
- Investors on record: 1

## About

Founded in 2020 by its COO, Pavan Kareti, and based in Karnataka, India, Plaeup Private Limited, doing business as Plaeto, operates as an e-commerce platform that designs and sells different footwear. In July 2022, Plaeup Private Limited raised INR 400 million in series A funding led by Florintee, with participation from other investors.

The company offers various footwear products for kids, adults, and schoolchildren. The company’s products include sports shoes, sneakers, school shoes, and many more.

The company generates revenue by selling shoes that range from INR 1440 to INR 2165.

The company plans to use the July 2022 funding to expand to new markets and bring new products to its catalog.

## Funding rounds

- Series A, Jul 17, 2022, $5M — Florintree

## Investors

- Florintree (https://capitalatlas.ai/funds/florintree) — Series A