Core Insights - Qapita, a Singapore-based equity management platform, has successfully raised $26.5 million in a Series B funding round led by Charles Schwab, which will enhance its service offerings for U.S. startups [1] - The partnership with Charles Schwab introduces the Schwab Private Issuer Equity Services platform, enabling startups to manage cap tables, administer stock plans, and prepare for public listings [1][6] Company Overview - Founded in 2019 by Ravi Ravulaparthi (CEO), Lakshman Gupta (COO), and Vamsee Mohan (CTO), Qapita focuses on helping private companies track ownership, manage employee equity, and facilitate secondary share sales [2] - The platform serves approximately 2,700 companies, with around 70% based in India and 20% in Southeast Asia, including Singapore and Indonesia [4] Market Position - Qapita began as a cap table management platform, addressing the reliance on spreadsheets in many companies, and has since expanded its offerings based on customer feedback [3] - The startup has captured a significant market share in India, counting about half of the country's unicorns among its customers [4] Competitive Landscape - The partnership with Charles Schwab positions Qapita to compete more effectively in the U.S. market, where it has previously had limited presence [5] - This collaboration allows Qapita to automate cap table processes and integrate with Schwab's wealth management network, enhancing its competitive edge against firms like Carta and Morgan Stanley's Shareworks [6]