Fintech and legaltech startup Qapita raised undisclosed amount from East Ventures
Qapita, a Singapore-based provider of digital equity management SaaS solutions, has raised an undisclosed strategic investment from East Ventures, to be used by the startup to further strengthen the team in Singapore, India and Indonesia, accelerate product development and build clientele.
The startup helps private companies and startups manage capitalisation tables (cap tables) and employee stock ownership plans (ESOPs). It also aims to digitise issuance of equity awards and shares.
COO Lakshman Gupta added, “Digitisation is relentless and we think security issuance and securities themselves will become electronic. Qapita is also building digital share issuance capabilities on the platform and will work with partners in the company secretarial and legal sector.”