Lighthouse Canton Closes ₹1,050M Private Credit Deal with Emerald Leisures via LC Luminere Fund

Lighthouse Canton, a global investment institution with over USD 6 billion in assets under management, has successfully closed an INR 1,050 million private credit investment in Emerald Leisures Limited through its India-based Category II Alternative Investment Fund (AIF), the LC Luminere Credit Fund, and affiliate entities. Emerald Leisures is a BSE-listed leisure and hospitality company that owns and operates Club Emerald, a well-established premium multi-sport, hospitality and recreational destination in Mumbai.

The transaction underscores continued momentum in deal activity for Lighthouse Canton India's Credit Alternatives business and the LC Luminere Credit Fund.

The investment provides long-term capital to support Emerald Leisures' strategic growth initiatives. Structured as secured non-convertible debentures, the facility has been designed around the company's operating cashflows and is supported by a comprehensive security package comprising hard-asset collateral, escrowed cashflows, promoter support and identified liquidity events.

"We are pleased to partner with Lighthouse Canton on this important transaction. The structured credit solution has provided us with the flexibility to accelerate our growth while preserving our long-term strategic vision. More than just capital, it offers a financing structure that supports sustainable growth and positions us to capitalize on future opportunities," said, Jaydeep Vinod Mehta, Group Chairman, Techno Group (parent company of Emerald Leisures Limited). 

The transaction further strengthens Lighthouse Canton's track record of delivering bespoke structured financing solutions for established Indian businesses. Through its India private credit platform, the organisation continues to partner with businesses and promoters by providing flexible capital solutions tailored to their strategic financing requirements across sectors.

Commenting on the deal, Pranob Gupta, Managing Director, Business Head - India Alternatives (Credit & Hybrid Strategies) at Lighthouse Canton, said, "We see a significant opportunity in private credit for mid-market companies, particularly in deals in the INR 100-500 crore range, where we can achieve superior risk-adjusted returns backed by strong security structures with hard assets."

Lighthouse Canton's Asset Management business works closely with ultra-high net worth individuals, family offices, institutional investors and global investors, and has strong internal capabilities across private credit, growth debt, venture capital, real estate private equity, public equities and global macro hedge fund strategies. The investment team has internal capabilities across the private credit segment and runs private market funds spanning senior secured lending, structured credit and special situations strategies, of which the LC Luminere Credit Fund, a SEBI-registered Category II Alternative Investment Fund, forms a part. Lighthouse Canton's private credit strategies are supported by an extensive origination network, with access to over 500 issuer relationships and 1,000-plus promoter families, enabling a strong pipeline of proprietary deal flow across sectors.

About Lighthouse Canton

Lighthouse Canton is a global investment institution with wealth and asset management capabilities. The organisation employs experienced professionals across its offices in Singapore, Dubai, India, and London, and currently oversee over US$ 6 bn worth of assets under management (as of 31st March 2026). 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 with tailored investment advisory, portfolio management, treasury, business, and family office solutions.

Its advisory and capital solutions business serves families and family-owned enterprises and early to late-stage corporates with strategic and M&A advisory, restructuring and refinancing, and strategic capital solutions. The business provides tailored financing solutions across the capital structure with varying degrees of complexity along with bespoke lending solutions designed to address sophisticated capital needs.

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”). It is also registered in GIFT City IFSC, operating under IFSCA regulation. 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”).

Lighthouse Canton Launches ‘Global Indian’ to Unite NRI Wealth Across Borders

Strengthens GIFT City Investment Capabilities

Lighthouse Canton, a global investment institution headquartered in Singapore, today announced the launch of Global Indian, a dedicated wealth management platform serving non-resident Indians (NRIs) and overseas investors whose financial affairs span multiple jurisdictions. The platform is the first expression of a broader ambition: to build the definitive cross-border wealth institution for globally mobile communities, wherever in the world they live.

The Indian diaspora, estimated at approximately 35 million individuals, is the largest in the world. According to Reserve Bank of India data, remittances to India reached a record USD 135 billion in FY2024-25, while NRI deposits exceeded USD 164 billion as of March 2025.

Despite the scale of this capital, the wealth of most NRI families remains structurally fragmented: banking relationships are maintained in the country of residence, custody arrangements span multiple geographies, and India-focused investments are frequently managed by a separate set of advisors. These arrangements seldom operate as a unified portfolio, and the burden of coordination falls on the family itself.

Global Indian has been established to address this fragmentation. The platform provides consolidated multi-jurisdictional reporting, cross-border wealth structuring, and a single advisory relationship encompassing both international and India-domiciled holdings, together with management of the attendant tax and regulatory requirements.

"NRI families frequently hold substantial wealth that is diminished in practice by fragmentation, as no single institution is accountable for the complete picture," said Sumegh Bhatia, Managing Director and Chief Executive Officer – India and Global Indian, Lighthouse Canton, who leads the business. "Global Indian has been designed so that a family resident in Dubai or London, with assets in Mumbai and Singapore, engages with one team, one consolidated view of its wealth, and one coherent set of decisions."

The platform serves both directions of the India capital corridor. NRIs and international investors are provided access to Indian markets through the organisation's regulated entities in India and at GIFT City IFSC, operating under IFSCA regulation. Indian resident investors are offered global diversification through the Liberalised Remittance Scheme and GIFT City frameworks. In conjunction with the launch, Lighthouse Canton has introduced a Systematic Global Equities Fund domiciled in GIFT City, offering Indian investors a tax-efficient, regulated avenue to participate in global equity markets.

“We understood this problem early because we come from the community we serve," said Shilpi Chowdhary, Group CEO, Lighthouse Canton. "India's diaspora represents one of the most significant and consistently underserved wealth management opportunities in the world; a community whose financial lives span multiple geographies but has rarely been served as one integrated picture.

Over the past decade, we have structurally built the infrastructure to change that, a regulated platform across five jurisdictions, a presence across India's key cities, and Keenai, our proprietary wealth technology platform purpose-built to consolidate and manage cross-border wealth.

Global Indian is the first expression of that capability; and our ambition extends beyond it. We are building Lighthouse Canton to be the institution that globally mobile communities turn to first, wherever significant wealth meets significant complexity. Our commitment to the Global Indian community is to make their experience seamless, connected and frictionless, and to be the number one institution in this space."

Abhay Laijawala, Managing Director, Chief Investment Officer – India, Lighthouse Canton, added, “India’s transformation is unlocking powerful investment opportunities beyond the benchmark indices. Across defence, AI infrastructure, formalisation and financial inclusion, a new generation of mid-cap companies has the potential to outperform the larger market over the next three years. For globally mobile Indians who combine on-the-ground familiarity with India's evolving market and global thematic awareness, that combination is the alpha edge. Global Indian closes that gap, enabling this community to participate in India's structural growth while maintaining global diversification.”

Global Indian integrates Lighthouse Canton's regulated entities in India and GIFT City with its international platform across Singapore, Dubai and the United Kingdom. The offering is supported by Keenai, the institution's proprietary wealth technology platform, which provides portfolio analytics, lifecycle management, consolidated multi-market reporting, and access to a digital investment marketplace.

Alongside Sumegh, Global Indian is led by Sunil Garg and Abhay Laijawala (Global and India Chief Investment Officers), Sanket Sinha (MD and CEO, Global Asset Management), Prashant Tandon (MD and CEO-UAE), and Gurjeet Sohi (MD and Head Wealth Management, India). This leadership structure brings together investment expertise, regional operating capability, and wealth platform specialisation to deliver integrated advisory to the global Indian community.

About Lighthouse Canton

Lighthouse Canton is a global investment institution with wealth and asset management capabilities. The organisation employs experienced professionals across its offices in Singapore, Dubai, India, and London, and currently oversee over US$ 6 bn worth of assets under management (as of 31st March 2026). 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 with tailored investment advisory, portfolio management, treasury, business, and family office solutions.

Its advisory and capital solutions business serves families and family-owned enterprises and early to late-stage corporates with strategic and M&A advisory, restructuring and refinancing, and strategic capital solutions. The business provides tailored financing solutions across the capital structure with varying degrees of complexity along with bespoke lending solutions designed to address sophisticated capital needs.

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”). It is also registered in GIFT City IFSC, operating under IFSCA regulation. 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

Global Indian - www.lighthouse-canton.com/global-indian

Lighthouse Canton Appoints Abhay Laijawala as India Chief Investment Officer (CIO)

• Appointment strengthens India investment leadership as the organisation targets USD 10 billion in AUM by 2027
• Hiring signals Lighthouse Canton's deepening commitment to India as a core growth market

Lighthouse Canton, a global investment institution with over USD 5 billion in assets under management, today announced the appointment of Abhay Laijawala as Chief Investment Officer (CIO) for India. The appointment underscores India's position as a core growth market for the organisation and its commitment to building a scaled, institutional-grade investment platform anchored in India's deepening capital markets.

Abhay Laijawala, MD & India CIO, Lighthouse Canton

Reporting to Group CIO, Sunil Garg, Abhay will lead Lighthouse Canton's India investment strategy, overseeing asset allocation, and both discretionary and non-discretionary client portfolios, in addition to development of high-conviction, differentiated investment themes and ideas. The India Investment team, reporting to Abhay, is an integral part of Lighthouse Canton’s Global Investment team.

Speaking on the appointment, Shilpi Chowdhary, Group CEO, Lighthouse Canton, said, “India is central to Lighthouse Canton's next phase of growth, and we are committed to building a leading presence here. Capital formation is accelerating, investor sophistication is rising, and the regulatory environment continues to mature in ways that reward institutional-grade thinking. We are scaling with purpose, and that means investing in leadership that matches our ambition. Abhay brings exactly the depth of experience and conviction this moment calls for, and his appointment reflects how seriously we are investing in India for the long term.”

Sunil Garg, MD & Chief Investment Officer, Lighthouse Canton, said, "As one of the leading emerging markets, India is core to global asset allocation. The opportunity is well understood but capturing it requires someone who has seen the market through multiple cycles and knows how to build disciplined strategies around it. Abhay has spent over three decades doing that. He brings research depth, institutional credibility, and a clear-eyed view of how Indian investments fit within a global portfolio. Our India investment capability will be significantly stronger with him leading it."

Commenting on his new role, Abhay Laijawala, MD & Chief Investment Officer, India, Lighthouse Canton, said, “What drew me to Lighthouse Canton is its unique positioning as a genuinely integrated platform across public markets, alternatives, and cross-border capital flows, a combination very few organisations in this space can credibly offer. My core focus will be building a differentiated, high-conviction investment process that delivers optimal outcomes across market cycles. What also set the Lighthouse Canton apart is its extensive use of technology to elevate client experience in an environment of increasingly dynamic global markets, a depth of commitment I have simply not encountered at any organisation in my career to date.”

Abhay brings over 30 years of experience in Indian equities, with a career that spans the full arc of the market's evolution, from India's opening to foreign institutional investors (FIIs) post the 1991 reforms to its emergence as a $5 trillion equity market, where FIIs today hold approximately 15% ownership. A highly ranked analyst and strategist, he has been a prominent voice on Indian equity strategy, ESG investing, and commodity cycles, contributing regularly to industry forums and investor platforms.

Prior to joining Lighthouse Canton, Abhay served as Head of Offshore Investments at Canara Robeco Mutual Fund. Before that, he was Managing Director and Fund Manager at Avendus, where he led the firm's ESG strategy and large-cap equity offerings. He spent a decade at Deutsche Bank as Head of Equity Research, overseeing coverage of over 120 stocks and authoring the bank's India Equity Strategy. His previous stints also include JP Morgan, Citi Bank and HSBC.

The appointment is part of Lighthouse Canton's broader global expansion strategy, underpinned by a sustained build-out of its leadership team across core growth markets and new geographies. In India, the organisation has recently appointed Gurjeet Sohi, a nearly three-decade Deutsche Bank veteran, as Managing Director and Head of Wealth Management, and Muffazal Arsiwalla as Managing Director and Head of Capital Solutions and Advisory, signalling a push into higher-value advisory and UHNW coverage.

As part of its India expansion, Lighthouse Canton plans to grow its headcount from 220 to over 400 in the next two years, scale its India wealth and asset management business to USD 4 billion by 2027, and expand from six to 20 cities across the country, positioning India as a core growth engine within the organisation's broader target of USD 10 billion in AUM by 2027.

Beyond India, the organisation entered a strategic partnership with Taiwan-based investment firm Draco Evolution in April 2026, accelerating its push into North Asia's wealth corridor.

These moves follow on from Lighthouse Canton’s USD 40 million funding round in November 2025, led by Peak XV Partners with participation from Nextinfinity and Qatar Insurance Company, its first external fundraise in its decade-long history. The capital is being deployed to strengthen the balance sheet, expand alternative investment capabilities, and accelerate geographic growth.

Lighthouse Canton is an independent global investment institution enhancing cross-border capital flows between Asia, the Middle East, and Europe. Headquartered in Singapore with offices in Dubai, India, and London, it serves ultra-high-net-worth individuals, family offices, founders, and institutional investors through an integrated platform spanning wealth management, asset management, and advisory and capital solutions.

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.

Lighthouse Canton Unveils ₹1,200 Cr LC Luminere Credit Fund to Power India’s Next Private Credit Growth Wave

• Third private credit fund in India which shall focus on making structured credit investments in mid to large corporates. 
• Positions for India’s next phase of private credit growth with a disciplined, risk-first strategy. 
• Seeks to capitalize on structural demand for private credit amid evolving lending landscape in India
• Fund has warehoused its first investment with a robust near-term pipeline across industrials, conglomerates, and consumer companies
• Aims to deliver high teen returns through senior secured lending to high-quality companies

Lighthouse Canton, a global investment institution with over USD 5 billion in assets under management, including several pan Asia credit and hybrid funds, today announced the launch of a SEBI registered LC Luminere Credit Fund, a Category II Alternative Investment Fund (AIF) focused on capitalizing India’s fast-growing private credit market. The fund is targeting a corpus of INR 1,200 crore (USD 130 million), including a greenshoe option, with a tenure of six years (average deal tenure of around three years). The fund shall make structured credit investments in mid-to-large companies and aims to deliver attractive risk-adjusted returns, with stable periodic cash yield.

India’s private credit market has witnessed significant growth, driven by a structural credit supply gap, regulatory constraints on traditional lenders, and increasing demand for non-dilutive capital among mid-sized enterprises and their promoters. The fund is designed to address this through senior secured structured credit strategies that combine predictable income with equity-like returns. LC Luminere Credit Fund strategy is centered on senior secured lending to real-economy companies, supported by robust collateral. The fund will deploy capital across growth, acquisition, sponsor-backed, refinancing, and cross-border opportunities, among others.

The fund brings significant experience in emerging market credit investing, alongside institutional governance and global perspectives that strengthen Lighthouse Canton’s alternatives platform. LC Luminere Credit Fund will invest in high-quality companies with strong governance, leadership, and proven operating histories.

Sanket Sinha, Managing Director & CEO, Global Asset Management

Commenting on the fund launch, Sanket Sinha, Managing Director & CEO, Global Asset Management, Lighthouse Canton, said, “India is entering a pivotal phase of private credit expansion, supported by strong macro fundamentals and a widening gap between credit demand and supply. LC Luminere Credit Fund is designed to deliver consistent, risk-adjusted returns by focusing on fundamentally strong businesses and disciplined credit underwriting. We believe this is the right fund at the right time, built for India's credit cycle and backed by the institutional depth to deliver.”

Pranob Gupta, Managing Director, Business Head - India Alternatives (Credit & Hybrid Strategies), Lighthouse Canton

Speaking on the fund deployment strategy, Pranob Gupta, Managing Director and Business Head – India Alternatives, Lighthouse Canton, said, "Our strategy is rooted in capital preservation, strong structuring, and deep sponsor diligence. We aim to provide investors access to institutional-grade private credit opportunities while offering borrowers flexible, non-dilutive capital solutions. With a highly selective investment approach, we aim to deploy capital in a limited number of high-conviction opportunities."

The fund is led by a dedicated investment team with strong track record of successfully deploying over USD 2 billion in special situations and structured debt investing across top tier financial institutions.

Lighthouse Canton's private credit strategies are backed by an extensive origination network, with access to over 500 issuer relationships and 1,000+ promoter families, enabling a strong pipeline of proprietary deal flow. With the investment institution's pan-Asia alternatives platform and capabilities, the fund has already warehoused its first investments and has a robust pipeline across sectors like industrials, conglomerates, and consumer companies.

About Lighthouse Canton

Lighthouse Canton is a global investment institution with wealth and asset management capabilities. We employ over 220 experienced professionals across our offices in Singapore, Dubai, India, and London, and currently oversee over US$ 5 bn worth of assets under management (as of 31st October 2025). 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 with tailored investment advisory, portfolio management, treasury, business, and family office solutions.

Its advisory and capital solutions business serves families and family-owned enterprises and early to late-stage corporates with strategic and M&A advisory, restructuring and refinancing, and strategic capital solutions. The business provides tailored financing solutions across the capital structure with varying degrees of complexity along with bespoke lending solutions designed to address sophisticated capital needs.

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

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

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 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

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