Business Standard

SaaS startup Plotline raises $2.6 mn in seed round from Elevation Capital

Strategically deploying its $2.6 million seed round to bolster key functions across R&D (research and development), marketing, and sales, the company said

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The company plans to use the capital to expand overseas.

Press Trust of India New Delhi

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SaaS (software-as-a-service) startup Plotline has raised $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.

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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 $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.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 03 2024 | 5:04 PM IST

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