India, Oct. 9 -- Equity management startup Qapita has raised $26.5 Mn (around INR 235.28 Cr) in its Series B round led by US-based Charles Schwab Corporation. The funding round also saw participation from existing and new investors, including Citi and MassMutual Ventures.

The startup will deploy the capital to accelerate its expansion into the US, introduce new digital products, and scale up its fund administration platform for multiple markets.

Qapita said it will also collaborate with Charles Schwab Corporation to offer equity services via its platform. The collaboration will offer Schwab Private Issuer Equity Services powered by Qapita - a platform designed for US private companies to streamline cap table management, optimise stock p...