SUMMARY
- Bengaluru-based BitSave raises an undisclosed amount in a pre-Series A round led by Leo Capital.
- Funds will support licensing, product enhancements, and brand expansion.
- BitSave aims to simplify long-term crypto investments with secure and transparent solutions.
Crypto investment platform BitSave has successfully raised an undisclosed amount in its pre-Series A funding round led by Leo Capital. The funds will be strategically utilized to secure essential licences, refine product offerings, and expand brand outreach, positioning the Bengaluru-based startup for accelerated growth.
Launched in 2022 by co-founders Zakhil Suresh, Sajal Sharma, Asif Kattakath, and Vishnu Karthkeyan, BitSave specializes in long-term passive investment solutions tailored for working professionals and high-net-worth individuals (HNIs). Its flagship offering is a crypto index product that tracks the Bloomberg Galaxy Crypto Index and supports monthly SIPs (Systematic Investment Plans).
BitSave’s core proposition simplifies the crypto investment journey by addressing common challenges in the sector, such as asset selection, transparency, and safety. The platform ensures secure asset storage through insured institutional custody and employs blockchain-based Proof of Reserves and Liabilities for transparency.
With a focus on creating investor-friendly solutions, BitSave has grown its active client base to over 500 investors, managing assets exceeding Rs 4 crore. The company aims to expand its geographical footprint beyond India, targeting other Asian markets by 2025.
BitSave envisions becoming the go-to platform for passive crypto investments globally. The new funding round marks a pivotal step toward realizing this vision, enabling the platform to enhance its technological capabilities and solidify its market presence.
As the crypto market matures, BitSave’s commitment to simplifying investments and ensuring asset safety positions it as a trusted ally for investors navigating the complexities of digital assets.
