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.
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.
People of Plaeto
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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 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.
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.
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Privat equity firm
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Multiple-stage venture capital investments are managed by Haystack.
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Series-A investments are made in tech startups by Lyra Singapore.
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Investor details for Plaeto
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Investments & Acquisitions by Plaeto
Investment portfolio details for Plaeto
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Financial Statements - Plaeto
Detailed financials for Plaeto
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Plaeto Comparisons
Peer comparison for Plaeto
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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.
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Internet first brand offering multi-category footwear for kids
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Kids' footwear is offered by an internet-first brand.
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Kids' footwear is offered through a digital platform.
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Smart shoes provide real-time child tracking, step counting, and safety monitoring.
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Provides supportive footwear for children's growth and daily activities.
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Detailed competitors of Plaeto
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Latest news on Plaeto
Complete news archive for Plaeto
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Frequently Asked Questions about Plaeto
Plaeto was founded in 2020.
Plaeto is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ravi Kallayil is the current CEO of Plaeto. They have also founded this company.
Plaeto is a funded company, having raised a total of $7.9M across 6 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Plaeto is 23.
Annual revenue of Plaeto is $2.62M as on Mar 31, 2023.
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.
Plaeto's top competitors include Aretto, ONYC and Aria + Nica.
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.
Plaeto has 51 investors. Key investors include Angel List, Wellfound, Shahi, Florintree, and Madhavan Living Trust.
The valuation of Plaeto is $15.46M as of Jul 2022.