Children's footwear brand Plaeto raises Rs.40-Cr from Florintree, others

Bengaluru-based Plaeto, a D2C footwear brand for children, has raised INR 40 crore in a Series A round of funding led by Florintree Advisors. Funds from the round will be deployed to accelerate the company's strategic expansion to newer markets and product innovation and to leverage technology to deepen its consumer-first approach. Plaeto, which designs and delivers high-quality footwear, was founded in March 2020