Pluto
Latest round
- Seed
Last raised
- Feb 2026
Total raised
- $2M
Investors
- 2
About Pluto
Pluto was founded in 2024 and is headquartered in Gurugram, India, where it focuses on developing electric vehicles tailored for logistics.Pluto specializes in the design and engineering of scooter-sized vehicles that are specifically crafted for last-mile delivery solutions. These vehicles are engineered to carry twice the volume of conventional two-wheelers, making them an efficient choice for businesses seeking to optimize their delivery capabilities. Pluto's offerings aim to address the growing demand for efficient and sustainable delivery options in urban environments, catering primarily to logistics providers and e-commerce companies. The company targets various geographical markets, focusing on urban areas where the need for quick and reliable delivery services is paramount.Pluto's revenue generation model is primarily based on direct sales of its purpose-built delivery vehicles, structured around B2B transactions with logistics and e-commerce clients. Clients enter into purchase agreements for fleet orders to integrate Pluto's vehicles into their existing delivery operations. Revenue may also be supplemented by potential partnerships with retail and wholesale distributors looking to incorporate these vehicles into their supply chain solutions. Given the specialized nature of Pluto’s products, pricing structures reflect the value added through enhanced delivery capabilities, with clients benefiting from reduced delivery times and increased order capacity. The company also intends to run pilot tests in select cities to validate its products. Future growth plans include the design and launch of new models tailored for expanding markets, particularly focusing on urban areas across India and potentially other regions in Asia by 2027.
Who invested in Pluto
2 investors across 1 round
See all investors in Pluto
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Feb 19, 2026
Amount
$2M
Investors
Questions about Pluto
Who invested in Pluto?
Pluto has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Pluto raised?
Pluto has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Pluto last raise money?
Pluto's most recent round on record is a Seed, in Feb 2026.
What does Pluto do?
Pluto was founded in 2024 and is headquartered in Gurugram, India, where it focuses on developing electric vehicles tailored for logistics.
Where is Pluto headquartered?
Pluto is headquartered in Gurugram, India.
Which VCs invest in companies like Pluto?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back automobiles, other vehicles & parts companies at Pluto's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Seed
Raising like Pluto? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.