Qapita, provider equity management SaaS solutions serving customers in India and Southeast Asia, today announced that it raised a $5 million Pre-Series A round led by MassMutual Ventures. Hyderabad-based venture capital firm Endiya Partners and India-based angel investors including Anjali Bansal (Founder of Avaana Capital), Sujeet Kumar (CoFounder of Udaan) and CEO of an India-based decacorn also invested in this round. Qapita helps private companies and startups record and manage capitalisation tables (cap tables) and employee stock ownership plans (ESOPs). Qapita also aims to digitise issuance of equity awards and shares. The Pre-Series A fundraise follows closely on the heels of its Seed Round led by Vulcan Capital and East Ventures in September 2020. Apart from Vulcan Capital and East Ventures, most existing angel investors including Koh Boon Hwee, Atin Kukreja, Alto Partners, Mission Holdings, Northstar Group Partners (Patrick Walujo) & K3 ventures also participated in this
Qapita, a developer of equity management software for startups, raises $5M led by MassMutual – TechCrunch
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Qapita raises $5 million in funding round led by MassMutual Ventures
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