In the rapidly evolving cryptocurrency world, BitSave has emerged as a structured and secure platform for investors. Founded in 2022 in Bengaluru, India, by Zakhil Suresh, Sajal Sharma, Asif Kattakath, and Vishnu Karthikeyan, BitSave was designed to cater to working professionals and high-net-worth individuals (HNIs) seeking simplified and passive crypto investments.
Zakhil Suresh, the CEO of BitSave, brings a wealth of expertise from his previous role at Koinex, India’s largest crypto exchange (2017–2019). His experience has been instrumental in defining BitSave’s strategic goals and product offerings.
Securing Funding for Growth
In a major milestone, BitSave recently secured an undisclosed pre-Series A funding round led by Leo Capital, a Singapore-based venture capital firm. The funds are slated for acquiring licenses, enhancing product offerings, and expanding brand awareness.
Currently managing $450,000 worth of assets with 520 active users, BitSave has ambitious plans to expand across Asian markets by 2025. This funding reinforces BitSave’s commitment to reshaping crypto investment opportunities in Asia.
Innovative Investment Products
BitSave stands out by simplifying crypto investments through its flagship product: a crypto index tracking the Bloomberg Galaxy Crypto Index (BGCI). The platform employs a systematic investment plan (SIP) model, ensuring stable, long-term returns while mitigating market volatility.
Key Product Offerings:
- BGCI Crypto Index – A research-backed index emphasizing stability and growth.
- Hybrid Portfolio – Combines Bitcoin, Ethereum, and gold for reduced volatility.
- Bitcoin-Only Portfolio – For direct exposure to the leading cryptocurrency.
BitSave also prioritizes asset security with insured institutional custody and blockchain-based Proof of Reserves, offering unparalleled transparency.
A Leader in Accessible Crypto Investments
BitSave’s approach reflects broader trends in fintech, where startups aim to demystify complex financial products for everyday investors. The company’s focus on user-friendly solutions, robust security, and diversified offerings positions it as a leader in the burgeoning crypto space.
By addressing the market’s need for clarity and structure, BitSave is transforming how professionals and HNIs engage with cryptocurrency, paving the way for a more accessible and secure investment future.
Source: ISN