BlockBeats news, on June 15, according to Fundz, cryptocurrency wallet service provider PlutoPe has completed a Pre-Seed financing of 50 million rupees (approximately 580,000 USD), led by Manit Gupta.

The company plans to use this funding to expand into underdeveloped banking services markets and enhance user acquisition strategies. PlutoPe was established in 2022 and offers non-custodial cryptocurrency wallet services, with plans to launch cryptocurrency debit cards and merchant applications for seamless cryptocurrency payment acceptance.