Plaeto

Bengaluru, India Founded: 2020 • Age: 6 yrs Minicorn
Footwear for men, women, and children is designed and manufactured.

About Plaeto

Plaeto is a Retail company based in Bengaluru (India) founded in 2020 by Sara Kilgore, Pavan Kareti, and Ravi Kallayil. Footwear for men, women, and children is designed and manufactured. Plaeto has raised $7.9 million across 6 funding rounds from investors including Angel List, Wellfound and Shahi. The company has 23 employees. Plaeto was last valued at $15.46 million in July 2022. Its chief executive, as recorded, is Ravi Kallayil. Its website plaeto.in draws about 18 thousand monthly visits. Its Indian entity Plaeup Private Limited reported revenue of β‚Ή20.53 Cr. 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. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Footwear. Its competitors include Aretto, Aria + Nica and ONYC; 2 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Bengaluru, India
  • Employees 23
  • Founders Sara Kilgore, Pavan Kareti, Ravi Kallayil
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website plaeto.in
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Plaeup Private Limited
  • Date of Incorporation 06 Jan, 2020
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹20.53 Cr

    FY 2025 · +56% YoY

  • Net Loss
    -₹17.29 Cr

    FY 2025 · -84% margin

  • EBITDA
    -₹15.17 Cr

    FY 2025 · -74% margin

  • Total Equity Funding
    $7.9M (USD)

    in 6 rounds

  • Latest Funding Round
    $25.7K (USD), Angel Round

    Jan 2025

  • Investors
    Angel List

    & 50 more

  • Employee Count
    23

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.

Classic 925 Sneakers
Sneakers

Sneakers designed for men in various colors.

Slam 2.0 Men's Sports Shoes
Sports Shoes

Sports shoes for men with enhanced durability.

Aspire Leap Men's Sneakers
Sneakers

Comfortable sneakers for everyday men's wear.

EZPlay Slip Ons for Men
Slip-ons

Easy-to-wear slip-ons for casual men's activities.

Classic Sneakers for Women
Sneakers

Fashion sneakers tailored for women.

Slam 2.0 Women's Sports Shoes
Sports Shoes

Sports shoes designed for women's fitness needs.

School Shoes for Kids
School Footwear

Durable shoes suitable for kids' daily school use.

Apps and channels of Plaeto

its YouTube channel Plaeto Shoes has 443 subscribers and 11 videos.

Plaeto Shoes
YouTube 443 subscribers 11 videos Howto & Style
Open channel

Videos from Plaeto

The most watched videos on Plaeto's YouTube channel, Plaeto Shoes (443 subscribers). Click a video to play it here.

Will Rahul Dravid impress the baby investors?
858.2K views
Rahul Dravid presents Plaeto
305.2K views
Aspire
9.3K views
Plaeto | Sole Art 2024 Winners Recap | National Public School
398 views

More on Plaeto Shoes.

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.

  • Total Funding $7.9M
  • Total Rounds 6
  • Last Round Angel Round β€” $25,700
  • First Round $35,050

    (Feb 2020)

  • Investors Count 51

All 6 funding rounds of Plaeto with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2025$25,700Angel Round––
Apr 2023$748,300Series A––
Jul 2022$5.01MSeries A$15.46MFlorintree
Jul 2021$918,455Seed$3.53MElizabeth Mathew, Rahul Avid
Jun 2020$1.16MSeed$β€’β€’β€’β€’β€’Wellfound, Angel List
Feb 2020$35,050Angel Round$β€’β€’β€’β€’β€’Arun Advani
–
Valuation history
DateValuationStage
Jul 2022$15.46Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2021$3.53Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Plaeto

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $15.46M (Jul 2022). 51 investors in total: 13 institutional and 38 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Privat equity firm
2010florintree.comMumbai, India
Multiple-stage venture capital investments are managed by Haystack.
haystack.vcMenlo Park, United States
Series-A investments are made in tech startups by Lyra Singapore.
Singapore, Singapore
Multiple sectors are invested in by the venture capital firm.
Akola, India
Interior design services are provided in Singapore.
Singapore, Singapore
Garments are contract-manufactured by Shahi in apparel production.
1974shahi.co.inFaridabad, India
Provides comprehensive solutions for working capital loans to support business growth.
2020asapcapital.fundNew York, United States
Delivers comprehensive financial services solutions.
2014aladvisors.coColombia
Startup jobs are connected to individuals via a dedicated platform.
2013wellfound.comNew York, United States
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Investor details for Plaeto

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Board of directors of Plaeup Private Limited (Plaeto)

Plaeup Private Limited is the primary company behind Plaeto. The board of Plaeup Private Limited currently have 3 directors; the longest-serving is Pavan Kareti, appointed in 2020. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Pavan Kareti
DIN 07936210
Director06 Jan 20206 yrs 10 moPlaeup Private Limited
Ravishankar Neelambaran Kallayil
DIN 02090418
Director25 Feb 20224 yrs 8 moPlaeup Private Limited
Ashvin Joseph George
DIN 09013891
Director02 May 20233 yrs 6 moPlaeup Private Limited

People of Plaeto

9 people are tracked at Plaeto (5 in leadership, 4 in team); the tracked headcount is 23.

NameRoleGroup
Co-FounderLeadership
Co-Founder & COOLeadership
Ravi Kallayil
Co-Founder & CEOLeadership
Kriti Kanthi
Vice President Of GrowthLeadership
Ayush Shroff
VP FinanceLeadership
Arun Kumar
Manager GrowthTeam
Gargi Mukherjee
Manager Business OperationsTeam
Paul Saunders
AdvisorTeam
Nidheesh Madathil
Content CreatorTeam
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Financials of Plaeto

Figures of Plaeup Private Limited, the primary company behind Plaeto, for FY 2025. Revenue was ₹20.53 Cr (+56% year on year). Net loss was -₹17.29 Cr (-84% margin). EBITDA was -₹15.17 Cr (-74% margin). Revenue has grown at a compounded annual rate of +136% over three years.

  • ₹20.53 CrRevenue · FY 2025 · +56% YoY
  • -₹17.29 CrNet loss · -84% margin
  • -₹15.17 CrEBITDA · -74% margin
  • ₹12.48 CrPaid-up capital
  • 23Employees (provident fund records)
  • +136%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Plaeup Private Limited are on its company page.

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Detailed financial statements for Plaeto

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Plaeto

4 dated milestones of Plaeto across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Plaeto is founded.
  2. Funding First funding round of $35K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $26K.

Competitors of Plaeto

Plaeto has 3 listed competitors in our database, 2 of them funded. They include Aretto, Aria + Nica and ONYC.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wearetto.com2019Pune, India$1.29M77
Internet first brand offering multi-category footwear for kids
arianica.in2015Mira Bhayandar, India
Kids' footwear is offered by an internet-first brand.
onyc.in2023Gurugram, India$183,95520
Kids' footwear is offered through a digital platform.
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Detailed competitors of Plaeto

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Web traffic of Plaeto

The website of Plaeto (plaeto.in) receives about 18.1K visits a month.

  • Monthly visits
    18.1K

    ▼ 34.1% vs previous month

Similar websites

Websites whose visitors overlap most with Plaeto. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
greensole.com
100%
35K#888,932View details
tracerindia.com
tracerindia.com
99%
#1,692,101–
offlimits.co.in
96%
50.8K#620,236View details
zaydns.com
95%
#85,507View details
nickronindia.com
95%
33.4K#790,203View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 26 similar websites and full traffic analytics for Plaeto

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  • Audience overlap
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Top companies in Fashion & Lifestyle E-Commerce

3 companies that operate in the same segment as Plaeto (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 639.15 M1,031
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 144.58 MUSD 32.66 M711
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Related news about 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 CEO of Plaeto, as recorded in our data. They have also founded this 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 Angel Round of $35.05K, raised on Feb 2020.

Plaeto has 23 employees.

The primary company behind Plaeto, Plaeup Private Limited, reported revenue of β‚Ή20.53 Cr for FY 2025, up 56% year on year.

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.

Plaeto operates through Plaeup Private Limited.

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