Leo Capital's pre-Series A funding round for BitSave secured an undisclosed sum. The funds will be used to secure necessary permits, enhance product offerings, and broaden brand recognition, according to a press release from BitSave.

BitSave was co-founded in 2022 by Zakhil Suresh, Sajal Sharma, Asif Kattakath, and Vishnu Karthkeyan, with a focus on long-term, passive investment options for professionals and non-traditional investors. There is a flagship crypto index product that tracks the Bloomberg Galaxy Crypto Index, with a monthly SIP service.

The company said in the press release that BitSave addresses key issues in the crypto investment landscape by simplifying asset selection, ensuring transparency, providing personalized support, and putting safety first.

The Bengaluru-based company claims to address critical pain points in the crypto investment landscape by simplifying asset selection, ensuring transparency, providing personalized support, and prioritizing safety. It aims to make crypto an appealing investment choice, easing long-term crypto investments with passive investment options.

Client assets are stored in insured institutional custody and made visible on the blockchain through proof of reserve and liabilities, according to BitSave.

Providing passive investment options that simplify long-term crypto investments is the goal of the platform. Client assets are stored in insured institutional custody and visible on the blockchain via Proof of Reserves and Liabilities, highlighting security.

Over 500 investors and assets exceeding Rs 4 crore have been managed by the company. To become a globally trusted crypto investment platform of choice, the platform intends to expand its operational territory from India to other Asian countries by 2025.