Smart card startup with â¹58 crore in pre-orders shuts down
Smart debit and credit card startup Plastc, which raised over â¹58 crore through pre-orders has announced its shutdown and plan to file for bankruptcy. Plastc, which launched in 2014, was working on a card that could digitally hold 20 credit or debit cards which users could switch between. The company said it was struggling as two funding deals fell through.