BitSave

Founded in 2022 and based in Bangalore, India, Casper Digital Inc. , trading under the name BitSave, operates as a financial technology company that offers an online platform in which users can trade and invest in cryptocurrencies. In November 2024, BitSave raised an undisclosed amount of pre-series A funding led by Leo Capital. BitSave primarily offers a suite of supervised investment products designed to facilitate long-term cryptocurrency investments, catering to both individual and institutional investors.

The company's core offerings include a crypto index managed by Bloomberg, which provides clients with an effortless way to diversify their portfolios without the complexities of direct asset management. Customers utilize the BitSave app to create a wallet, deposit funds through various convenient methods such as UPI, and invest in a range of crypto assets with the assurance of regulated custody and insured cold storage. BitSave aims to serve a global market, focusing on regions with a growing interest in cryptocurrency investments, ensuring that users can access professional management and transparency in their investment processes. BitSave generates revenue through transaction fees associated with its investment products and services, particularly within its crypto index offerings.

Clients engage with the platform by downloading the BitSave app, depositing funds, and investing in curated crypto portfolios, which may include blue-chip crypto assets. The firm implements a percentage-based fee structure on transactions, with potential additional revenue from premium services, such as dedicated relationship management. As clients invest in these products, BitSave's revenue model emphasizes recurring transactions while leveraging its regulated custody infrastructure to assure users of the security of their investments.