Qapita

Qapita (Qapita Fintech Pte Ltd) is a Singapore-headquartered software and services company that provides equity management for private and listed companies and administration tools for funds. Its equity management products cover cap table management, ESOP and stock plan administration, 409A valuations, ASC 718 financial reporting, equity compensation and ESOP advisory, ESOP trust formation and trustee services, ESOP SPVs optimised for Singapore entities, IPO preparation and employee tax guidance across more than 160 countries. In India the company offers SEBI-regulated ESOP workflows for listed issuers alongside ESOP infrastructure for private companies, ESOP/SAR scheme design, benchmarking and feasibility studies, and valuations by in-house SEBI-registered experts.

A second product line addresses fund managers, with fund administration covering capital calls, LP management, reconciliations and investor reporting, plus fund portfolio valuations intended to meet ASC 820 and SEC requirements. A third line focuses on liquidity: employee liquidity programmes such as surrender schemes and ESOP buybacks, employee exercise programmes, tender offers, and a private secondaries team that facilitates company-led and investor-driven liquidity programmes in unlisted equity.

The founders describe the company's broader aim as building "rails" for private markets — a platform of record for ownership, equity workflow management, and a structured marketplace giving stakeholders liquidity. At its 2021 Series A the company framed this as an "operating system" for private markets in Southeast Asia, citing an expectation that regional private securities would exceed $1–1.5 trillion in value and that more than $150 billion of equity would require liquidity solutions.

Founding story

Qapita was founded in September 2019 by Ravi Ravulaparthi, Lakshman Gupta Kanamarlapudi and Vamsee Mohan Kamabathula — an investment banker, a chartered accountant/investor and a technologist who had known each other for around two decades. Ravulaparthi had spent about 17 years in investment banking and corporate development at the Tata Group, Macquarie, BNP Paribas and Rippledot; Gupta had worked at Hindustan Unilever, Discovery Channel, Sony Pictures, Tata Group, Astro and the edutainment startup MAGICA; Vamsee, an IIT Madras alumnus and Ravulaparthi's schoolmate, joined as the technical co-founder. According to Gupta, after six months of exploring ideas the team concluded that investment banking and fundraising remained undisrupted, and Morgan Stanley's acquisition of Solium highlighted ESOP holders as an emerging wealth pool. Observing that startups in India and Southeast Asia still ran cap tables and ESOPs on spreadsheets, they focused on digitising those records as a route to later providing liquidity.

Business model

Qapita sells software subscriptions for equity and fund management alongside related professional services such as valuations, ESOP advisory and scheme design, trustee services, and execution of liquidity and secondary transactions. The company publishes separate pricing for unlisted and listed companies and states that pricing is transparent and predictable.

Software platform offerings for equity management and fund administration are complemented by fee-based advisory, valuation, trust/trustee and liquidity transaction services; pricing is published by company type (listed versus unlisted).

Traction

Company-reported figures include more than 2,400 companies serviced, 2,700+ private companies and 180+ listed companies, over 500,000 stakeholders, 60+ countries served and more than US$28 billion of employee equity under management. Staffing beyond the founders is described as 30+ chartered accountants, 100+ engineering and product staff, 70+ operations and support staff and 20+ equity professionals. Earlier, the Economic Times reported headcount growing from seven to about 65 people between 2020 and October 2021.

Latest developments

In October 2025 Qapita announced a US$26.5 million Series B led by Charles Schwab Corporation with existing investors Citi and MassMutual Ventures participating, alongside a collaboration to offer Schwab Private Issuer Equity Services powered by Qapita, a platform for US-based private companies to manage cap tables. Recent product additions listed on the site include an ESOP SPV offering optimised for Singapore entities and tender offer support.