Crypto startup BitSave raises pre-Series A led by Leo Capital
26 Nov 2024, 11:19 PMThe company plans to use the funds to secure regulatory licenses, enhance its product portfolio, and boost brand visibility.
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Bengaluru-based crypto investment platform BitSave has raised an undisclosed amount in its pre-Series A funding round led by Leo Capital.
The company plans to use the funds to secure regulatory licenses, enhance its product portfolio, and boost brand visibility.
Founded in 2022 by Zakhil Suresh, Sajal Sharma, Asif Kattakath, and Vishnu Karthkeyan, BitSave caters to working professionals and high-net-worth individuals (HNIs) with long-term passive investment solutions. It offers a crypto index product, tracks the Bloomberg Galaxy Crypto Index and supports monthly SIPs, aiming to simplify and de-risk crypto investing.
The platform claims that it currently manages assets worth over Rs 4 crore for 500+ active clients. BitSave plans to expand its operations to other Asian countries by 2025.
"We are committed to empowering investors with a disciplined, long-term approach to crypto investments. With Leo Capital's support, we aim to build a regulated global platform that prioritizes safety and investor trust," CEO Zakhil Suresh said.
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