India
Last August, Palmonas had raised Rs 55 crore funding led by Vertex Ventures SEA & India
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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.
Singapore
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.
Taiwania Hive Ventures anchored the funding round.
The funds will be used to expand across multipled Indian cities.
The company will deepen its operating footprint to support more global publishers.
