Lighthouse Canton is a global investment institution that has just undergone a strategic funding round and has raised $40 million. Peak XV Partners, an established venture capital company, led this major capital injection, which indicated a huge celebration of the business model and global strategy of Lighthouse Canton. It is a unique occasion because it is the first external fundraising by Lighthouse Canton, thus a new stage of enhanced growth.

Cross-border structure

Lighthouse Canton was established in 2014. Lighthouse Canton is a full-fledged international investment institution that has well-established operations in various key financial centers. It has a physical presence and has a staff of over 200 professionals in some of the key cities across the world: Singapore, Dubai, India, and London.

The cross-border framework enables the company to integrate international connectivity with the needed local acumen, making it a strategic business companion to both individual customers and institutions all over the world. The institution operates a large portfolio, as it controls and operates beyond $5 billion in assets in its operation sites, which comprise Singapore, India, the UAE, and the UK.

A company spokesperson said, “We’ve built Lighthouse Canton on the foundation of trust, performance, and innovation — and this investment will help us scale that vision globally.”

Quotation Source: indianstartuptimes  

Key investors’ participation and allocation of fresh fund

Peak XV Partners, one of the most recognized investment firms, led the round of funding comprising the $40 million. Other key investors were involved in the round together with Peak XV Partners. These were Nextinfinity, the investment holding company of Shyam Maheshwari, Founding Partner of SSG Capital/ Ares SSG. Following up, the early investor, Qatar Insurance Company (QIC), was also included in the round, enhancing its dedication to the long-term outlook of Lighthouse Canton.

This effective fundraiser does not only offer the required capital but also highlights an emerging trend of investor confidence in the fast growing wealth management ecosystem in India and Asia. The presence of these institutional investors underscores the effectiveness of Lighthouse Canton in facilitating the flows of the capital between international markets of the private capital.

The funds involved in this strategic capital round were to be used in a number of initiatives aimed at enhancing and expanding the global investment platform of Lighthouse Canton. The company will be strategic in allocating the funds.

Part of the capital will be spent in improving the technological infrastructure of the firm so that it stays ahead of the pack in investment and wealth management services. The funding will empower Lighthouse Canton to expand its investment products and provide more complex and varied products to its customers.

The company will invest the capital in hiring talented people, including top management into its workforce to lead strategic moves and globalization. The investment aims at driving the growth of Lighthouse Canton activities into new geographical locations to expand its cross-border reach and influence.

Conclusion

Lighthouse Canton managed to raise $40 million during a strategic funding round facilitated by Peak XV Partners is one of the most significant milestones in the journey of the institution. The capital, being its inaugural external fundraising, is carefully allocated to enhancing its technology, diversifying its products, recruiting top talent, and expanding its operations in new geographic locations of the world.

Having a strong dual-vertical platform, with wealth management of high-net-worth clients, and asset management in a range of different investment strategies, and currently managing over $5 billion in assets in Singapore, India, the UAE and the UK, this investment serves to solidify the Lighthouse Canton business strategy of focusing on enhancing its global platform and further connecting private capital flows across international financial markets