Singapore-based Lighthouse Canton raises $40 million led by Peak XV Partners

Investment management firm Lighthouse Canton has raised $40 million in its first external fundraise, led by Peak XV Partners.

The round also saw participation from Nextinfinity, the investment holding company of Shyam Maheshwari, founding partner of SSG Capital (later Ares SSG), and existing investor Qatar Insurance Company (QIC).

The Singapore-headquartered firm said the capital will be used to strengthen its 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.”

Founded in 2014, Lighthouse Canton manages more than $5 billion in assets across Singapore, India, the UAE, and the UK. Its wealth management arm provides customised advisory solutions for high-net-worth individuals, entrepreneurs, family offices, and corporates. The firm’s asset management business spans multiple investment strategies, including hedge funds, private equity, private credit, real estate, venture capital, growth debt, and public markets.

The company employs over 200 professionals across Singapore, Dubai, India, and London. It said the new funding marks a pivotal step as it focuses on scaling, innovating, and building deeper institutional capabilities to serve its global client base.