Showing posts with label Lighthouse Canton. Show all posts
Showing posts with label Lighthouse Canton. Show all posts

Lighthouse Canton Secures $40 Mn in Strategic Funding Led by Peak XV Partners to Power Its Next Phase of Growth

Lighthouse Canton Secures $40 Mn in Strategic Funding Led by Peak XV Partners to Power Its Next Phase of Growth

Global investment institution, Lighthouse Canton, today announces a USD 40 million strategic investment round led by Peak XV Partners, with participation from Nextinfinity (investment holding company of Shyam Maheshwari - Founding Partner of SSG Capital, later Ares SSG). Qatar Insurance Company (QIC), an early investor in the company, continues to support its growth.

Founded in 2014, Lighthouse Canton has grown organically managing over USD 5 billion in assets across Singapore, India, the UAE, and the United Kingdom. Over the past decade, the company has built a reputation for disciplined investment management and a client-first approach that has made it a trusted partner for entrepreneurs, families, and institutions across regions.

This is Lighthouse Canton’s first external fundraise, undertaken to accelerate the next phase of its growth journey. The capital will be deployed to enhance technology infrastructure, attract senior talent, expand its product capabilities, and pursue geographic growth opportunities across high-potential markets.

This is a defining milestone for us,” said Shilpi Chowdhary, Group CEO of Lighthouse Canton. “We have built Lighthouse Canton with an institutional mindset independently. For more than ten years we have been guided by a long-term vision of creating a world-class investment platform. With Peak XV and our strategic partners, we are deepening our capabilities, institutionalizing further, and positioning ourselves for the next decade of growth.”

Lighthouse Canton’s wealth management business provides personalized, family, wealth and business solutions for high-net-worth individuals, entrepreneurs, and family offices, while its asset management arm offers institutional-grade strategies across public and private markets. Lighthouse Canton’s strong regional presence and focus on disciplined execution have enabled it to serve clients across complex cross-border environments with agility and trust.

This strategic funding marks a new chapter in Lighthouse Canton’s journey and one that focuses on scale, innovation, and institutional depth, while continuing to deliver exceptional value to clients.

About Lighthouse Canton

Lighthouse Canton is a global investment institution with wealth and asset management capabilities. We employ over 200 experienced professionals across our offices in Singapore, Dubai, India, and London, and currently oversee over US$ 5 bn worth of assets under management and advisory. Lighthouse Canton creates value through innovative investment solutions for accredited private clients, institutional investors, and an ecosystem of founders and entrepreneurs globally.

Lighthouse Canton’s Asset Management business comprises strong internal product capabilities in hedge funds, private equity, traditional fundamental analysis, investing through multiple strategies in real estate private equity, private credit, venture capital, growth debt, public equities, and global macros.

Its Wealth Management business caters to accredited investors including corporates, ultra-high net worth individuals, families and family offices, founders, and entrepreneurs, to help with their personal and business investments, estates, and philanthropic needs, providing them tailored investment advisory, portfolio management, treasury, business & family office solutions.

Lighthouse Canton Pte Ltd is regulated by the Monetary Authority of Singapore (“MAS”). Lighthouse Canton Capital (DIFC) Pte Ltd is regulated by the Dubai Financial Services Authority (“DFSA”). LC Capital India Pte Ltd is regulated by Securities and Exchange Board of India (“SEBI”). Lighthouse Canton UK Limited is regulated by Financial Conduct Authority (“FCA”)

For more information visit www.lighthouse-canton.com

About Peak XV

Peak XV Partners (formerly Sequoia Capital India & SEA) is a leading venture capital firm investing across India, Southeast Asia and beyond. Over the last 19 years of operations in the region, Peak XV has grown to manage approximately USD 9 billion in capital across 13 funds and invested in over 400 companies.

The portfolio has seen 31 IPOs and several successful M&As till date.

To know more, please visit: www.peakxv.com

LoanTap Group Raises Rs.24 Cr in Venture Debt Funding Led by Lighthouse Canton

Out of the total investment, INR 15 Cr was by Lighthouse Canton

Global investment institution Lighthouse Canton led the venture debt funding round of INR 24 Cr in LoanTap through its venture debt fund, a Category – II Alternative Investment Fund (AIF). As part of the funding, LoanTap has received one of the first cheques for its unique digital lending platform, LTFLoW. Lighthouse Canton’s total share in this round amounts to INR 15 Cr, among other investors.

LoanTap Founders
LoanTap Founders

The AIF is part of Lighthouse Canton’s Southeast Asia & India venture debt strategy. The AIF has a capacity of INR 550 crores and a Greenshoe option of additional INR 550 crores, and it successfully reached a first close of INR 155.4 crores earlier this year. Through the AIF, Lighthouse Canton provides debt capital to technology-enabled start-ups across India.

LoanTap Financial Technologies (LFTPL) offers end-to-end lending through LTFLoW for sourcing, delivery, and asset management. This AI-driven technology platform has been adopted by over 30 e-commerce sourcing partners. It has 10+ LTFLoW clients, including some of India's major banks, Non-Banking Financial Companies (NBFCs), payment platforms, and ERP solution providers catering to roughly 2 million micro, small, and medium-sized enterprises (MSMEs). LFTPL has facilitated loans worth INR 1700 crores for its subsidiaries and technology clients. They have two RBI-registered NBFCs subsidiaries that offer tech-driven credit solutions to salaried professionals and MSMEs in the personal finance, supply chain invoice financing, and electric two-wheeler (e-2W) categories.

Based in Pune, LoanTap was founded by seasoned professionals Mr Satyam Kumar and Mr Vikas Kumar, with over 23 years of experience in banking and technology, respectively. Renowned equity funds, including Kae Capital, India Quotient, Avaana capital, 3one4 capital, Shunwei capital, and Tuscan ventures, are backing LoanTap. It is supported by debt facilities from nearly 20 lenders. Additionally, it has its debt issuance programme where the instruments like NCDs and CPs are regularly subscribed by nearly 300+ HNIs and family offices in India.

Satyam Kumar, Co-founder and CEO at LoanTap, said, "It’s our pleasure to have Lighthouse Canton on board in our growth journey, and excited for the passion resonated by Ankit Agrawal and Sanket Sinha in the potential of LTFLoW platform in delivering the digital credit solutions in India."

Ankit Agrawal, Director of Venture Debt at Lighthouse Canton, said, “We are excited to be a part of the debt round in LoanTap. Solutions offered by their LTFLoW platform have been helping MSMEs and retail customers to avail loans. The platform is gradually modernizing lending processes and we are looking forward to supporting the company's growth objectives through our venture debt strategy.”

Lighthouse Canton, headquartered in Singapore, is a global investment institution with wealth and asset management capabilities. The venture debt strategy comprises a Singapore based Variable Capital Company (VCC) for investments in Southeast Asia, and a Category II AIF for investments in India. The strategy has seen active participation from onshore and offshore institutions and family offices, and is the second strategy that it has launched which focuses on the venture ecosystem.

It had earlier launched a partnership to invest in venture equity in the Indian startup ecosystem, and successfully closed a US$40m fund to invest in 27 pre-series A and series A companies across various sectors.

About LoanTap


LoanTap
LoanTap offers innovative loans to help millennials achieve a life that they desire. They differentiate in the otherwise cluttered Personal Loan segment and deliver fastest Personal Loans at customer friendly terms. LoanTap has in-house RBI registered NBFC. Our focus is to delight our customers by helping them choose the best loan products.

About Lighthouse Canton

Lighthouse Canton

Headquartered in Singapore, Lighthouse Canton is a global investment institution with wealth and asset management capabilities. We employ over 100 experienced professionals across our offices in Singapore, Dubai and India and oversee over 3 billion US dollars worth of assets under management and advisory (as of 30th September, 2022).

Lighthouse Canton creates value through innovative investment solutions for accredited private clients, institutional investors and an ecosystem of founders and entrepreneurs globally. Our Asset Management service comprises strong product capabilities across private and public markets. We run diversified strategies such as private equity in real estate, direct lending, venture equity, venture debt, public equities, and global macros.

Our Wealth management service caters to corporates, ultra-high net worth individuals, family offices, founders and entrepreneurs, to help with their personal and business investment needs with tailored investment advisory, portfolio management, treasury, business & family office solutions.

Lighthouse Canton Pte Ltd is regulated by the Monetary Authority of Singapore (“MAS”) and is an Exempt Reporting Advisor (“ERA”) in the United States. Lighthouse Canton Capital (DIFC) Pte Ltd in Dubai is regulated by the Dubai Financial Services Authority (“DFSA”). LC Capital India Pte Ltd is registered with the Association of Mutual Funds in India (AMFI).

For more information, please visit our website or write to us on info@lighthouse-canton.com

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