About Plutomen
Plutomen is a Technology company based in Ahmedabad (India) founded in 2016 by Ravi Patel, Hiren Kanani, and Keyur Bhalavat. Plutomen has raised $591.84 thousand across 3 funding rounds from investors including DevX, Gujarat University Startup and Entrepreneurship Council and FORGE Accelerator. The company has 32 employees. Plutomen was last valued at $4.92 million in June 2023. Its chief executive is Keyur Bhalavat. Its Indian entity Plutomen Technologies Private Limited reported revenue of ₹1.20 Cr. Its focus areas include High Tech, Augmented Reality, Applications and Industrial. Its competitors include Gather, Multi, Augmentir, CareAR and TechSee and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Provider of AR-based tools for virtual collaboration. It offers software for real-time monitoring, workflow digitization, and remote collaboration. It also includes tools for 3D video annotation, documentation, error tracking, task management, remote visual assistance, visual work instructions, augmented reality training, and dashboard overviews. It is utilized in industries like manufacturing, oil and gas, construction, aviation, defense, infrastructure, and more.
- Headquarters Ahmedabad, India
- Employees 32
- Founders Ravi Patel, Hiren Kanani, Keyur Bhalavat
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website pluto-men.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Plutomen Technologies Private Limited
- Date of Incorporation 17 Nov, 2016
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹1.20 Cr
FY 2024 · +67% YoY
- Net Loss-₹1.26 Cr
FY 2024 · -105% margin
- EBITDA-₹72.9 Lakh
FY 2024 · -61% margin
- Total Equity Funding$591.84K (USD)
in 3 rounds
- Latest Funding Round$124.4K (USD), Seed
Jun 2023
- InvestorsDevX
& 16 more
- Employee Count32
Associated legal entities of Plutomen
Plutomen operates through Plutomen Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Plutomen Technologies Private Limited CIN U72900GJ2016PTC094406 | Active | 17 Nov 2016 | Ahmedabad, Gujarat | ₹1.2 Cr | 32 | 3 | View details |
Apps and channels of Plutomen
its YouTube channel Plutomen has 556 subscribers and 30 videos.
Videos from Plutomen
The most watched videos on Plutomen's YouTube channel, Plutomen (556 subscribers). Click a video to play it here.
More on Plutomen.
Funding Insights of Plutomen
Plutomen has successfully raised a total of $591.84K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $124.4 thousand completed in June 2023. 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 $591,840
- Total Rounds 3
- Last Round Seed — $124,400
- First Round $300,000
(Jun 2021)
- Investors Count 17
All 3 funding rounds of Plutomen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $124,400 | Seed | $4.92M | FORGE Accelerator | |
| May 2022 | $167,440 | Seed | $4.97M | Umang Nahata | |
| Jun 2021 | $300,000 | Seed | – | Gujarat University Startup and Entrepreneurship Council, DevX |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2023 | $4.92M | •••••••• |
| May 2022 | $4.97M | •••••••• |
Last known valuation $4.92M (Jun 2023). 17 investors in total: 6 institutional and 11 angel.
Investors in Plutomen
Plutomen has secured backing from 17 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include DevX, Gujarat University Startup and Entrepreneurship Council and FORGE Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup incubation, support, and entrepreneurship services in Gujarat. | 2016 | gusec.edu.in | Ahmedabad, India | |
Early-stage investments in US tech and life sciences are targeted. | – | lasolasvc.com | Fort Lauderdale, United States | |
Innovation and ventures in industrial technology and hardware innovations in India. | 2015 | forgeforward.in | Coimbatore, India | |
Specializes in mobile and web application development services. | 1999 | rishabhsoft.com | Vadodara, India | |
- | – | pimacontrols.com | - | |
Managed office spaces and coworking environments are provided for businesses. | 2017 | devx.work | Ahmedabad, India | |
KM Kedar Mehta | Angel investor and tech entrepreneur, co-founder of Boat, active in consumer tech. | – | unknown_cfb060ad0aed4154a | - |
JS Janak Sheth | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_cfe6e95dc9634814a | - |
RA Rakeshbhai Arvindbhai Patel | - | – | unknown_795ad2551a3243b58 | - |
UN Umang Nahata | Co-founder of Zouk, active angel investor in Indian startups | – | unknown_f95a75ffc1bb4bf6a | - |
Investor details for Plutomen
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Plutomen Technologies Private Limited (Plutomen)
Plutomen Technologies Private Limited is the primary company behind Plutomen. The board of Plutomen Technologies Private Limited currently have 3 directors; the longest-serving is Hirenkumar Pravinchandra Kanani, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hirenkumar Pravinchandra Kanani DIN 07638090 | Director | 17 Nov 2016 | 9 yrs 11 mo | Plutomen Technologies Private Limited |
| Keyur Vinodbhai Bhalavat DIN 07018795 | Director | 17 Nov 2016 | 9 yrs 11 mo | Plutomen Technologies Private Limited |
| Ravi Harikishan Patel DIN 08199913 | Director | 05 Sep 2018 | 8 yrs 1 mo | Plutomen Technologies Private Limited |
People of Plutomen
9 people are tracked at Plutomen (3 in leadership, 6 in team); the tracked headcount is 32.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Hiren Kanani | Co-Founder & CTO | Leadership |
| Co-Founder & CEO | Leadership | |
Bhavesh Odedara | Sr. Ios Developer | Team |
Nishant Talaviya | Technology Architect - Immersive | Team |
Kareena Kambaliya | Software QA Engineer | Team |
Sarvaiya Vasim | Sr Ui/ux Designer | Team |
Prenik Shah | Unity Developer | Team |
Rhutvik Patel | Back End Developer | Team |
Complete people profiles for Plutomen
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Plutomen
Figures of Plutomen Technologies Private Limited, the primary company behind Plutomen, for FY 2024. Revenue was ₹1.20 Cr (+67% year on year). Net loss was -₹1.26 Cr (-105% margin). EBITDA was -₹72.9 Lakh (-61% margin). Revenue has grown at a compounded annual rate of +5% over three years and +6% over five years.
- ₹1.20 CrRevenue · FY 2024 · +67% YoY
- -₹1.26 CrNet loss · -105% margin
- -₹72.9 LakhEBITDA · -61% margin
- ₹1.4 LakhPaid-up capital
- 32Employees (provident fund records)
- +5%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Plutomen Technologies Private Limited are on its company page.
Detailed financial statements for Plutomen
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Plutomen
4 dated milestones of Plutomen across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Plutomen is founded.
- Funding First funding round of $300K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $124K.
Competitors of Plutomen
Plutomen has 10 listed competitors in our database, 9 of them funded. They include Gather, Multi, Augmentir, CareAR and TechSee, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gather.town | 2020 | San Francisco, United States | $76M | 24 | Cloud-based video conferencing solutions are offered by Gather. | |
| multi.app | 2019 | San Francisco, United States | – | – | Virtual collaboration spaces for enterprises are provided via multi-device applications. | |
| augmentir.com | 2018 | Horsham, United States | $10.51M | – | Provider of a platform offering AR solutions for industrial front-line workers | |
| carear.com | 1999 | Austin, United States | $10M | – | Provider of augmented reality based visual support solution | |
| techsee.com | 2015 | Tel Aviv, Israel | $53.5M | 5 | AI virtual agent for customer experience | |
| sightcall.com | 2008 | San Francisco, United States | $57.7M | 20 | Provider of a cloud-based visual collaboration platform | |
| ario.com | 2002 | Norfolk, United States | $2.75M | – | AR-based productivity platform is provided for enterprises. | |
| daqri.com | 2010 | Los Angeles, United States | $15M | – | AR-based software for workforce productivity management is provided. | |
| atheerair.com | 2012 | Santa Clara, United States | $36.83M | 31 | Augmented reality platform for enterprise applications is provided. | |
| simulanis.com | 2013 | Delhi, India | $1.44M | 150 | Developer of virtual, augmented, and mixed reality training and productivity tools. |
Detailed competitors of Plutomen
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Plutomen
The website of Plutomen (pluto-men.com) receives about 5K visits a month.
- Monthly visits5K
▲ 19.1% vs previous month
Websites whose visitors overlap most with Plutomen. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| program-ace.com | 100% | – | #1,381,282 | View details | |
| osiztechnologies.com | 92% | 19.8K | #1,371,392 | View details | |
web-ar.studio | web-ar.studio | 88% | – | #413,378 | – |
| onirix.com | 88% | 47K | #756,865 | View details | |
drawandcode.com | drawandcode.com | 84% | – | #2,623,565 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for Plutomen
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- 18 similar websites
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Top companies in Augmented & Virtual Reality Solutions
10 companies that operate in the same segment as Plutomen (Augmented & Virtual Reality Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of SDK for smart data capture from barcodes, files, and IDs | 2009 | Zurich, Zurich, Switzerland | USD 273.1 M | – | 363 | |
Augmented reality mobile games are designed and developed. | 2011 | San Francisco, California, United States | USD 772.84 M | USD 166.77 K | 584 | |
Interactive STEM kits are provided for children's learning. | 2016 | Bengaluru, Karnataka, India | USD 35.81 M | USD 2.23 M | 138 | |
Hardware-based iPad games for children are developed. | 2013 | Palo Alto, California, United States | USD 36 M | – | 112 | |
Provider of AI and AR-based virtual makeup application solutions | 2014 | Taipei, Taiwan | USD 75 M | USD 69.15 M | 342 | |
Cloud-based augmented reality software is provided for construction professionals. | 2017 | London, England, United Kingdom | USD 34.49 M | USD 5.87 M | 77 | |
Provider of wearable heads-up display for industrial workers | 2016 | Vancouver, Washington, United States | USD 145.48 M | USD 1.11 M | 19 | |
Virtual reality headsets are provided for immersive professional applications. | 2016 | Helsinki, Finland | USD 149.39 M | – | – | |
Virtual world games are facilitated through an NFT-based platform. | 2017 | Buenos Aires, Argentina | USD 25 M | – | – | |
AR-based content management software is offered for 3D product experiences. | 2018 | Toronto, Ontario, Canada | USD 2.1 M | USD 1.53 M | – |
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Related news about Plutomen
Complete news archive for Plutomen
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Frequently Asked Questions about Plutomen
Plutomen was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Plutomen is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Keyur Bhalavat is the current CEO of Plutomen. They have also founded this company.
Plutomen is a funded company, having raised a total of $591.84K across 3 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Jun 2021.
Plutomen has 32 employees.
The primary company behind Plutomen, Plutomen Technologies Private Limited, reported revenue of ₹1.20 Cr for FY 2024, up 67% year on year.
Provider of AR-based tools for virtual collaboration. It offers software for real-time monitoring, workflow digitization, and remote collaboration. It also includes tools for 3D video annotation, documentation, error tracking, task management, remote visual assistance, visual work instructions, augmented reality training, and dashboard overviews. It is utilized in industries like manufacturing, oil and gas, construction, aviation, defense, infrastructure, and more.
Plutomen has 17 investors. Key investors include DevX, Gujarat University Startup and Entrepreneurship Council, FORGE Accelerator, Rishabh Software, and Kedar Mehta.
The valuation of Plutomen is $4.92M as of Jun 2023.
Plutomen operates through Plutomen Technologies Private Limited.
The legal entities of Plutomen currently have 3 directors, including Hirenkumar Pravinchandra Kanani, Keyur Vinodbhai Bhalavat, Ravi Harikishan Patel.