Qapita helps private companies and startups record and manage capitalisation tables (cap tables) and employee stock ownership plans (ESOPs)
The funds will be used to add engineering talent, accelerate product development and build clientele in India, Indonesia and Singapore
Qapita competes with at least one other player, AngelList, which in June last year launched a cap table management product for India — EquityList
Hyderabad-based Qapita, which offers an ESOP and cap table management SaaS platform, has raised $5 Mn in its pre-Series A round led by MassMutual Ventures.
Hyderabad-based venture capital firm Endiya Partners and reputed India-based angel investors including Anjali Bansal (founder of Avaana Capital), Sujeet Kumar (cofounder of Udaan) also participated in this round.
Qapita’s products help private companies and startups record and manage capitalisation tables (cap tables) and employee stock ownership plans (ESOPs). The company also aims to digitise the issuance of…