Qapita, a software-as-a-service (SaaS) startup that provides ESOPs and cap table management solutions to private companies, has raised $5 million in a funding round led by MassMutual Ventures.
The Qapita funding round also saw participation of Hyderabad-based venture capital firm Endiya Partners and a clutch of angel investors, including Udaan co-founder Sujeet Kumar and Avaana Capital founder Anjali Bansal.