PlutoPe Raises ₹5 Cr to Build the DeFi Operating System for a Borderless Financial Future

PlutoPe, a non-custodial DeFi startup building the next-gen crypto neo-bank, has raised ₹5 Cr (~$0.5M) in a pre-seed round led by Indian investor Manit Gupta, co-promoter of a $500M IPO-bound company.

Founded in 2022 by Kumar Chetan Tyagi, PlutoPe is reimagining financial empowerment through decentralized, user-owned infrastructure — offering secure, on-chain access to digital assets for users and businesses across underbanked global markets.

Key stats & roadmap:

> $14.5M+ in crypto swap volume processed

> 9% MoM user growth, with 65% active user retention

> Targeting $2.5B in transaction volume in next phase

> Expanding across MENA, Southeast Asia, and LATAM

Upcoming launches:

Crypto debit cards in international markets

Merchant app for seamless crypto acceptance

Fiat-to-crypto on-ramp for Indian users

Wallet + Swap + Card = full-stack DeFi operating system

“This is about building open, accessible finance for the next billion — no banks, no borders,” said Kumar Chetan Tyagi, Founder & CEO.

“PlutoPe isn’t just a wallet — it’s the rails for a new financial world,” added Manit Gupta, Lead Investor.

With digital asset adoption surging and traditional infrastructure lagging, PlutoPe is positioning itself as the decentralized financial OS for the global south — low-cost, non-custodial, and creator-distributed.

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