EquityList raises $2.2 million in seed funding round

Shareholder management platform EquityList, which was spun off from Naval Ravikant-founded AngelList’s India entity in January, has raised $2.2 million in its seed funding round from AngelList India, Hustle Fund, Unpopular Ventures, private investing platform Republic and other startup investment platforms.

The round also saw participation from angel investors including Livspace cofounder Ramakant Sharma, Cars24 cofounder Gajendra Jangid, Sairee Chahal of Sheroes and Five Star Finance CEO Rangarajan Krishnan.

The software-as-a-service (SaaS) company services customers such as Blackbuck, Sugar Cosmetics, Slice, Shiprocket, Smallcase and Cars24, and is present in India, Southeast Asia and the US.