Plotline Raises USD 2.6 mn in Seed Round for Global Expansion
May 03, 2024 15:38
SaaS startup Plotline secures USD 2.6 million in seed funding from Elevation Capital to expand its operations in the US, Middle East, Africa, and Asia-Pacific.
New Delhi, May 3 (PTI) SaaS (software-as-a-service) startup Plotline has raised USD 2.6 million (Rs 20.9 crore) in a seed funding round from venture capital firm Elevation Capital.
The company plans to use the capital to expand overseas.
Based in San Francisco and Bengaluru, Plotline serves industry majors in the likes of Dream11, Khatabook, BharatPe, CoinDCX, Niyo, Step, and Kredivo.
"Strategically deploying its USD 2.6 million seed round to bolster key functions across R&D (research and development), marketing, and sales, Plotline is now looking ahead to drive expansion in the US, the Middle East, Africa, and Asia-Pacific regions," the company said in a statement.
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