For Indian founders the cap table is where diligence most often gets messy (SAFEs, convertible notes, ESOP grants, and vesting all sprawling across spreadsheets), and Qapita keeps it as a single source of truth built for SEBI-compliant, audit-ready records rather than a US-only view. The free tier covers pre-seed and seed stages, so you can keep the table clean from the first grant instead of reconstructing it under term-sheet pressure. It is one credible option (EquityList is a comparable India-first alternative worth a look), so pick on price and stakeholder count, not brand.
Qapita: Cap Table & ESOP Management for Indian Startups
From qapita.com by Qapita SaaS platform
- Keeps the cap table, ESOP grants, and vesting schedules updating in real time, so what investors see in diligence is always current.
- Built for Indian compliance and audit readiness (SEBI-aligned records, dematerialisation), which a generic US cap table tool does not handle.
- Free for early stages, so there is no reason to run your equity on a fragile spreadsheet that breaks the moment diligence starts.