BitSave, a Bengaluru-based crypto investment platform, has raised an undisclosed amount in its pre-Series A funding round led by Leo Capital. The funding will be utilized to obtain necessary licenses, enhance its product offerings, and expand brand awareness, the company announced in a press release.
Simplifying Crypto for Long-Term Investors
Founded in 2022 by Zakhil Suresh, Sajal Sharma, Asif Kattakath, and Vishnu Karthkeyan, BitSave aims to simplify crypto investments for working professionals and high-net-worth individuals (HNIs). The platform specializes in passive investment solutions, including its flagship product—a crypto index tracking the Bloomberg Galaxy Crypto Index with an option for monthly SIPs.
BitSave addresses key challenges in the crypto landscape by offering:
- Simplified Asset Selection: Providing curated investment products to minimize complexity.
- Transparency: Ensuring visibility through blockchain-based Proof of Reserves and Liabilities.
- Personalized Support: Delivering tailored assistance to investors.
- Safety: Storing client assets in insured institutional custody for added security.
Growing Client Base and Global Aspirations
Since its inception, BitSave has grown its active client base to over 500 investors, managing assets worth more than Rs 4 crore. Looking ahead, the company plans to expand beyond India into other Asian markets by 2025, aligning with its vision of becoming a globally trusted platform for crypto investments.
Transforming Crypto into an Investor-Friendly Asset Class
BitSave is committed to making cryptocurrency an accessible and investor-friendly asset class. By focusing on transparency, safety, and ease of use, the platform is carving a niche in the fast-growing crypto investment market, catering to those seeking long-term wealth-building opportunities.
With fresh capital and ambitious plans, BitSave is set to strengthen its position as a leader in passive crypto investment solutions.
