Singapore-based investment institution Lighthouse Canton announced Tuesday a $40 million strategic investment round led by Peak XV Partners.

Lighthouse Canton said in a statement that the round also saw participation from Nextinfinity.

Qatar Insurance Company (QIC), an early investor in the company, also continues to support its growth.

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

“This is a defining milestone for us. 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,” said Shilpi Chowdhary, Group Chief Executive Officer of Lighthouse Canton.

Founded in 2014, Lighthouse Canton has grown organically managing over $5 billion in assets across Singapore, India, the United Arab Emirates (UAE), and the United Kingdom.

The firm’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.

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