Singapore-based asset manager Lighthouse Canton plans to deploy over $1.5 billion in India across the next few years, strengthening its focus on private credit and real estate, senior executives told Reuters. The firm expects to invest more than $1 billion in private credit and $500 million in property assets over the next three to four years, underscoring India’s growing appeal for alternative investments.
According to Sanket Sinha, managing director and CEO of Lighthouse’s global asset management arm, India has become one of the firm’s top destinations for alternative strategies, particularly in private equity real estate and credit markets. The company has already deployed over $350 million into Indian alternative assets and manages 1.2 million square feet of life sciences-focused real estate in Hyderabad.
Lighthouse Canton operates both a growth debt fund targeting mid-to-late-stage companies and an early-stage venture equity fund. Globally, the firm oversees $4 billion in assets under management and advisory. Its upcoming India-focused private credit fund, expected to launch by January 2026, aims to raise between 10–15 billion rupees ($113–$171 million).
Managing Director of India Alternatives, Pranob Gupta, said the new fund will target companies with cross-border growth, acquisition financing needs, and strong cash flow models, particularly in IT and SaaS sectors. India’s private credit market, currently estimated at $25–$30 billion, has expanded rapidly as firms seek non-bank financing solutions for acquisitions and promoter funding.
Gupta noted that mid-market transactions, typically between $10–$50 million, present the most attractive opportunities. Lighthouse Canton, which already operates seven offices in India, is also exploring real estate expansion in Bengaluru and Mumbai to capture rising institutional demand.
Source: Reuters
