108 views

Qapita to digitise records for startups across SEA, India

It has secured $2.44m in its seed funding round in September.

If records are systematically digitised today, then transactions can be digitised in the future.

According to equity management startup Qapita, without a digital system to record ownership and transaction details, there’s no single source of truth for company stakeholders to refer to in critical decision-making.

Qapita digitises the record systems for equity ownership, or cap tables, managed on Excel. Their platform also serves as a one-stop repository of all legal documents relating to equity such as the relevant filings, share certificates, shareholder agreements, and more.

Furthermore, Qapita uses a software-based approach to “succinctly, accurately, continuously, and systematically” communicate Employee Share Option Plans (ESOPs) to each employee. In addition, with the cap table and ESOPs digitised, more significant liquidity solutions will be created in the future.

“We are essentially a SaaS business model where the core self-serve services would be on a subscription basis, and additional features would require a premium, depending on both usage as well as functionalities,” Qapita said in an interview with Singapore Business Review.

Qapita has raised $2.44m (US1.8m) in seed funding in September, led by Vulcan Capital and other prominent early-stage investors such as Alto Partners Multi Family Office, Atin Kukreja (CEO, Rippledot Capital), Koh Boon Hwee, K3 Ventures, KDV Holdings, Mission Holdings, and several NorthStar Group Partners, including Patrick Walujo.

With a combined funding currently at around $3m, Qapita is focused on strengthening its team, accelerating product development, and building its client base.

Equipped with years of experience in investment banking, investments, software engineering, local expertise, as well as the latest tech stack, Qapita believes that execution of their go-to market strategies, product development, and partnerships are the key to success.

Their pricing strategy, they say, will be 100% product or feature-led, and they will leverage their experience in offering more value-added services.

According to Qapita, in five years, it will be a leading digital equity management platform that enables private capital transactions across SEA and India as well as an ideal place to learn and work.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.