About Plaeto
Plaeto is a company based in Bengaluru (India) founded in 2020 by Sara Kilgore, Pavan Kareti, and Ravi Kallayil.. Plaeto has raised $7.9 million across 6 funding rounds from investors including Angel List, Wellfound and Shahi. The company has 23 employees as of April 04, 2024. Plaeto offers products and services including Classic 925 Sneakers, Slam 2.0 Men's Sports Shoes, Aspire Leap Men's Sneakers, EZPlay Slip Ons for Men, and Classic Sneakers for Women. Plaeto operates in a competitive market with competitors including Aretto, Aria + Nica, ONYC, Stepwhere and Buds Life, among others.
- Headquarter Bengaluru, India
- Employees 23 as on 04 Apr, 2024
- Founders Sara Kilgore, Pavan Kareti, Ravi Kallayil
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Plaeup Private Limited
- Date of Incorporation 06 Jan, 2020
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$2.62 M (USD)1297.38as on Mar 31, 2023
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Net Profit
$-1.86 M (USD)-272.6as on Mar 31, 2023
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EBITDA
$-1.6 M (USD)-219.86as on Mar 31, 2023
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Total Equity Funding
$7.9 M (USD)
in 6 rounds
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Latest Funding Round
$25.7 K (USD), Angel Round
Jan 02, 2025
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Investors
Angel List
& 50 more
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Employee Count
23
as on Apr 04, 2024
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Products & Services of Plaeto
Plaeto offers a comprehensive portfolio of products and services, including Classic 925 Sneakers, Slam 2.0 Men's Sports Shoes, Aspire Leap Men's Sneakers, EZPlay Slip Ons for Men, and Classic Sneakers for Women. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Sneakers designed for men in various colors.
Sports shoes for men with enhanced durability.
Comfortable sneakers for everyday men's wear.
Easy-to-wear slip-ons for casual men's activities.
Fashion sneakers tailored for women.
Sports shoes designed for women's fitness needs.
Durable shoes suitable for kids' daily school use.
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Funding Insights of Plaeto
Plaeto has successfully raised a total of $7.9M across 6 strategic funding rounds. The most recent funding activity was a Angel Round round of $25.7 thousand completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Angel Round — $25,700
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First Round
First Round
(12 Feb 2020)
- Investors Count 51
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Angel Round - Plaeto | Valuation |
investors |
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| Apr, 2023 | Amount | Series A - Plaeto | Valuation |
investors |
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| Jul, 2022 | Amount | Series A - Plaeto | Valuation | Florintree |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Plaeto
Plaeto has secured backing from 51 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Angel List, Wellfound and Shahi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Privat equity firm
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Founded Year | Domain | Location | |
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Multiple-stage venture capital investments are managed by Haystack.
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Founded Year | Domain | Location | |
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Series-A investments are made in tech startups by Lyra Singapore.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Plaeto
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Plaeto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Plaeto Comparisons
Competitors of Plaeto
Plaeto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aretto, Aria + Nica, ONYC, Stepwhere and Buds Life, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet first brand offering multi-category footwear for kids
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| domain | founded_year | HQ Location |
Kids' footwear is offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Kids' footwear is offered through a digital platform.
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| domain | founded_year | HQ Location |
Smart shoes provide real-time child tracking, step counting, and safety monitoring.
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| domain | founded_year | HQ Location |
Provides supportive footwear for children's growth and daily activities.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Plaeto
Frequently Asked Questions about Plaeto
When was Plaeto founded?
Plaeto was founded in 2020.
Where is Plaeto located?
Plaeto is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Plaeto?
Ravi Kallayil is the current CEO of Plaeto. They have also founded this company.
Is Plaeto a funded company?
Plaeto is a funded company, having raised a total of $7.9M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5.01M, raised on Feb 12, 2020.
How many employees does Plaeto have?
As of Apr 04, 2024, the latest employee count at Plaeto is 23.
What is the annual revenue of Plaeto?
Annual revenue of Plaeto is $2.62M as on Mar 31, 2023.
What does Plaeto do?
Plaeto was founded in 2020 in Bengaluru, India, within the footwear sector. Sports shoes, sneakers, and slip-ons are designed and manufactured for men, women, and children. Styles suitable for school and casual wear are offered, with designs adapted to various foot types. Operations focus on creating products that address diverse needs and preferences in everyday use.
Who are the top competitors of Plaeto?
Plaeto's top competitors include Aretto, ONYC and Aria + Nica.
What products or services does Plaeto offer?
Plaeto offers Classic 925 Sneakers, Slam 2.0 Men's Sports Shoes, Aspire Leap Men's Sneakers, EZPlay Slip Ons for Men, and 3 more products and services.
Who are Plaeto's investors?
Plaeto has 51 investors. Key investors include Angel List, Wellfound, Shahi, Florintree, and Madhavan Living Trust.
What is Plaeto's valuation?
The valuation of Plaeto is $15.46M as of Jul 2022.