< img aria-describedby= "caption-attachment-2140787" loading ="lazy"class="size-full wp-image-2140787"src ="https://techcrunch.com/wp-content/uploads/2021/04/From-L-to-R-Vamsee-Mohan-Ravi-Ravulaparthi-Lakshman-Gupta.jpg"alt ="A group photo of Qapita's co-founders. From left to right: Vamsee Mohan, Ravi Ravulaparthi
Partners and angel investors including Avaana Capital founder Anjali Bansal and Udaan co-founder Sujeet Kumar. Vulcan Capital and East Ventures, who led Qapita’s seed round in September 2020, likewise returned for this funding, along with the majority of its angel investors, including Koh Boon Hwee, Atin Kukreja, Alto Partners, Objective Holdings, Northstar Group Partners and K3 Ventures. East Ventures co-founder and managing partner Willson Cuaca will join Qapita’s board.
Qapita presently serves clients in Indonesia, Singapore and India, focusing on startups. Its software platform assists private business digitize and manage
cap tables, carry out due diligence and problem equity to employees. Qapita was founded in 2019 by Ravi Ravulaparthi, Lakshman Gupta and Vamsee Mohan, and has actually because grown its group to 30 people. Its goal is to create more liquidity and re-investment in the Southeast and indian Asian startup communities by making it easier to provide equity. Qapita presently serves more than 100 business, and its new funding will be utilized to add more functions and strike collaborations with company like legal, accounting and company secretarial firms.
In a press declaration, MassMutual Ventures Anvesh Ramineni, stated, “Worldwide, we are experiencing trends that show a merging in between public and private markets. Qapita is allowing this in the region through their solution– from cap table and stakeholder management to digital share issuances and liquidity services. Our company believe the team has the ideal mix of experience, understanding of regional markets and product knowledge to deliver on their vision.”
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.
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