Private Equity

VC Fund Investments

Captable management software maker Qapita raises $15-M

Press Release  

Hyderabad-based captable management SaaS solutions provider Qapita has raised a Series A round of USD 15 million. This round is co-led by East Ventures (Growth Fund) and Vulcan Capital, with participation from NYCA and other existing investors including MassMutual Ventures, Endiya Partners. Several existing angel investors across India, Singapore and Indonesia including Alto Partners, Partners of the Northstar Group, K3 Ventures, Mission Holdings, Anjali Bansal (Founder of Avaana Capital) and Sujeet Kumar (CoFounder of Udaan) also invested in this round. With the new round's proceeds, Qapita plans to add more products to its platform that will not only provide solutions for private companies and start-ups, but also to investors, shareholders and employees. Qapita also plans to facilitate liquidity solutions via a digital marketplace enabling transactions for companies between their investors and employee stakeholders. With this latest round, Qapita will amplify its client base across Singapore, Indonesia and India. Qapita started with digital equity management software for private companies, particularly start-ups. Its software platform is designed to enable capitalization table management, employee stock ownership plan (ESOP) management. Qapita has previously raised USD 7.25 million in earlier rounds.