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.

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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