Capital to scale
about lc venture debt fund
The Fund seeks to empower early and growth stage companies in India and Southeast Asia, providing them capital to scale without significantly diluting equity. The Southeast Asia and India's venture debt market has the potential to scale up by 4 - 5x over the next few years. The Fund presents investors a unique opportunity to participate in Southeast Asia and India's venture debt story and fast growing segment.
Provide senior-secured loans, with an equity upside, to 40 - 50 companies in India and Southeast Asia at stages Series A and above with a ticket size of US$1 to US$5 million.
Managed by experienced credit professionals with combined experience of over 25 years in institutions such as IFC, GIC, Deutsche Bank and with investment and asset management experience of over US$1 billion in Asia.
Sector-agnostic mandate with focus on partnering with companies with strong business fundamentals and run by passionate founders.
In older venture ecosystems such as US and Europe, Venture Debt has been in the range of 15-20% of total VC funding
Venture debt in India and Southeast Asia is a more recent phenomenon – it is highly underpenetrated and will grow at a rapid pace on back of rising share (as a percentage of VC funding) and higher VC inflows over the next 5 years
MD & CEO, Global Asset Management
Sanket brings with him over one-and-a-half decades of expertise in investment management, structured credit, and private financing. Sanket has worked with renowned global financial institutions including Edelweiss Financial Services, X10, and Deutsche Bank. He also holds a unique distinction of being a co-founder of a fintech venture, which enables him to have unique insights into this domain. Sanket has executed over US$750M of private investment transactions across sectors like life sciences, logistics, marine, roads, real estate, and technology. Sanket received his degree in Bachelor of Engineering from the University of Mumbai and an MBA from the Indian Institute of Management (IIM) Kozhikode. Sanket is also a Chartered Financial Analyst (CFA).
Managing Director, Head - Growth Debt
Ankit has over 14 years of experience focused on investments across the capital stack (private equity, long term and structured debt). Prior to joining Lighthouse Canton, Ankit has led and managed equity and debt investments in his roles with the International Finance Corporation (IFC), GIC, and the Piramal Group. He has overseen portfolios and transactions of over US$500mn in various sectors including manufacturing, agribusiness, hospitality, logistics, real estate, healthcare and more.
Neelaksh has over 6 years of experience in investments and financial consulting. Prior to joining Lighthouse Canton, he has executed new investments across healthcare delivery, pharmaceuticals and life sciences and facilitated financial due diligence across diverse sectors like hospitality, tourism, food and beverages while working with Quadria Capital and KPMG. In his last stint with CredAvenue (Yubi) he facilitated corporate debt solutions for corporates and startups.
