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Peak XV leads $40m funding in Singapore’s Lighthouse Canton

Lighthouse Canton, a Singapore-headquartered investment management firm, has announced a US$40 million strategic investment round led by Peak XV Partners.

Nextinfinity, the investment holding company of Shyam Maheshwari, joined the round.

Lighthouse Canton said the new capital will be used to enhance its technology infrastructure, attract senior talent, expand product capabilities, and explore growth in new markets.

Qatar Insurance Company, an early investor, continues to support Lighthouse Canton’s growth.

This marks Lighthouse Canton’s first external fundraising since its founding in 2014.

The firm manages over US$5 billion across Singapore, India, the United Arab Emirates, and the UK.

The company operates both wealth and asset management businesses, serving high-net-worth individuals, family offices, and institutional clients.

Lighthouse Canton is regulated in Singapore, Dubai, India, and the UK.

🔗 Source: Lighthouse Canton

🧠 Food for thought

Implications, context, and why it matters.

US$40 million backs a push to gather assets

  • Lighthouse Canton plans to spend on better tech and senior hires 1. It will also add broader products and new markets 1. That move will build stronger onboarding, reporting, and compliance systems, which support growth in assets under management (AUM) beyond its current base of over US$5 billion 1.
  • The firm holds licenses in Singapore and Dubai 2. India and the UK are also covered 2. That reach suits founders and family offices that want cross-border setups. Peak XV Partners led the round 1. The venture firm focuses on India and Southeast Asia. Lighthouse Canton can use standard campaigns to win clients rather than rely on personal networks.

Software and data vendors have a timely buyer in Lighthouse Canton

  • A team spread across several regulatory jurisdictions 2 needs one portfolio suite, a Customer Relationship Management (CRM) system, and tools for compliance. Vendors in wealth software, alternative data, and cybersecurity can watch tech job posts for signals on gaps and timelines.
  • Recruiters can target senior roles in product and operations, since leadership hires are a stated priority 1. The firm focuses on wealth and asset management 1. Candidates in alternative origination, structuring, or institutional distribution bring high value for searches in the alternatives sector.

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