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India
The funding also saw participation from Accion Ventures and Ocean 14 Capital.
Enrission India Capital, SucSEED Ventures, Alumni Ventures, and Chakra Growth Fund also joined the round.
Last August, Palmonas had raised Rs 55 crore funding led by Vertex Ventures SEA & India
Pluto plans to use the funds to strengthen its engineering and product development capabilities.
A significant portion of the funding will go towards hiring across engineering, data science.
The round was anchored by VC firm Gobi Partners.
Zephyr Peacock, Jungle Ventures, Accion Ventures and NBD Ventures also joined the round.
The funding will help scale-up operations across the US, Japan and the Middle East.
The funding also saw participation from angel investors.