Why we picked it 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.