Plane, an open-source project management platform situated in India, revealed that it had received $4 million in funding from OSS Capital as part of a seed round.
It said in a statement that this investment will support the company’s community expansion and enable it to compete in the highly sought-after enterprise category.
Read also – Singapore-Based Affirma Capital Secured $370 Million in Funding
It addresses the most frequently requested features for simpler instance governance, security, and performance, and is tailored for both new and seasoned it’s admins at these organisations.
“We are thrilled to announce the closing of our funding round and the launch of Plane One,” said Vamsi Kurama, Co-founder and Chief Executive Officer of Plane. “This funding validates our vision of creating a user-friendly, extensible and affordable project management product,
“As a first step, Plane One is designed ground-up for growing businesses that need essential tools to manage their projects and their instance better without being locked into ongoing software as a service pricing commitments,” he added.
Vamsi and Vihar Kurama founded it in November 2022 with the goal of streamlining projects for teams of all sizes in a variety of industry verticals by making it adaptable and simple to use.
Read also – Singapore-Based Thunes Acquired Tilia
It stated that the company is well-positioned to transform how companies handle their projects and processes because of its first-principles approach to contemporary project management and rapid user growth.
About Plane
Plane is an open-source project planning application. It’s user-friendly interface and robust functionality facilitate the planning and monitoring of projects, delegation of duties to team members, and advancement tracking.
