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SG fintech startup Qapita raises $5m in MassMutual-led funding round
Co-founders of Qapita: (L-R) Vamsee Mohan, Ravi Ravulaparthi and Lakshman Gupta.
April 20, 2021
Qapita Fintech, a Singapore-headquartered fintech and legal-tech startup, announced raising $5 million in a pre-Series A funding round led by US and Singapore-based venture capital firm MassMutual Ventures.
The startup, which provides employee stock ownership plans (ESOP) and capitalisation tables (CapTables) management SaaS solutions, said the funding round also saw the participation of India-based VC Endiya Partners and existing investors Vulcan Capital and East Ventures.
Angel investors, including Anjali Bansal (founder of Avaana Capital), Sujeet Kumar (co-founder of Udaan), and the CEO of an India-based decacorn, also backed the fundraise.