Leo Capital, a Singapore-based venture capital firm, has invested in BitSave, a crypto start-up of Malayalees. Bitsave aims to use this investment to acquire licenses, improve product offerings, and spread brand awareness.
In 2022, Bitsav was founded by Saqil Suresh, Sajal Sharma, Asif Katakkat and Vishnu Karthikeyan. BitSave is a startup that makes it easy to invest in cryptocurrencies like mutual funds.
Currently, 520 customers are using BitSave and managing $4,50,000 worth of assets. It plans to expand to other Asian markets by 2025.