Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 28 June 2022, 12:00 HKT/SGT
Share:
    

Source: Panthera Growth Partners (PGP)
Panthera Growth to Raise US$250 Million Second Fund to Back Tech Companies
Target for first close achieved

Singapore, June 28, 2022 - (ACN Newswire) - Panthera Growth Partners (PGP), a Singapore-based tech-focused growth investment firm, today announced the first close of its second Fund, having secured commitments for more than half of the target raise. The fund's target has been set at USD 250 million, and is expected to be reached by end of this fiscal year. The fund will offer up to 100% of fund commitments in co-investment opportunities.

Shilpa Kulkarni, Founder and Managing Partner, Panthera Growth Fund

The Fund's investment objective is to partner with next generation consumption and enterprise services businesses with vast growth potential. The Fund's capital will be invested in companies that have achieved product market fit and are seeking to accelerate market growth. The Fund will deploy approx. USD20 million on average in 10-12 individual portfolio companies across India and Southeast Asia.

Backed by institutional investors from India, EU and USA, Fund II will seek to back entrepreneurs who typically employ market transformational ideas propelled by technology. Fund II has been formed to build upon the investment track record and philosophy of the firm by focusing upon investments in growth stage technology-enabled companies that are, or are poised to become, leaders in their respective markets.

Panthera was founded in 2021 and its Fund I, which raised $84 M from global institutional investors, is largely deployed across sector leading companies such as BigBasket, Pepperfry, Zivame, OfBusiness, etc.

Shilpa Kulkarni, Founder and Managing Partner, Panthera Growth Fund, said, "We are a growth equity investor focused on revenue-generating enterprises that are building scalable businesses having achieved product-market-fit. At Panthera, we believe that operating thought partners are as just as important as capital at this growth stage. With our teams' experience of investing and operating companies in the startup ecosystem since more than two decades, we look to support entrepreneurs and management teams as they embark on an ambitious growth journey."

About Panthera Growth Partners

Panthera Growth Partners is a sector specialist investment firm investing exclusively in cutting edge technology leveraged businesses. We are differentiated by our sector specialization, deep network of operational resources and industry relationships, systematic value creation process, and strong execution capability.

For more information, visit www.pantheragp.com

Media contacts:
Mumbai: Snigdha Nair - Snigdha.nair@adfactorspr.com
Singapore: Namrata Sharma - namrata.sharma@adfactorspr.com


Topic: Press release summary
Source: Panthera Growth Partners (PGP)

Sectors: Enterprise IT, PE, VC & Alternatives, ASEAN, Local Biz, Startups
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
Goldenstone Acquisition Limited (Ticker: GDST) Announces Intent to Merge with ESG Packaging Innovator Deluxe Technology Group, Targeting 2026 NASDAQ Listing  
Feb 4, 2026 22:00 HKT/SGT
Military Metals Drills 23.5 Meters of 3.3 g/t Gold Including 4.0 Meters of 10.52 g/t Gold and 1.9 Meters of 2.53% Antimony at Flagship Trojarova Project, Europe  
Feb 4, 2026 21:59 HKT/SGT
Japantastics Launches Global Curator Platform Bringing Japan Craftsmanship to the World  
Wednesday, February 4, 2026 9:00:00 PM
The 55-Point Gap: Measuring What Matters in Automotive Impact  
Wednesday, February 4, 2026 5:00:00 PM
Mitsubishi Heavy Industries Announces Large Order Intake, Revenue, and Profit Growth in First Three Quarters, Raises Full-Year Guidance  
Wednesday, February 4, 2026 4:13:00 PM
Airwheel Introduces AI-Driven Rideable Smart Cabin Suitcase Solutions for the Next Generation of Global Travel  
Feb 4, 2026 14:00 HKT/SGT
Honda Co-developing Automobile SoC with U.S.-based Mythic to Accelerate Research to Enhance AI Computing Performance and Energy Efficiency
  
Wednesday, February 4, 2026 10:32:00 AM
Casa Minerals Inc. Announces Closing of First Tranche of Private Placement  
Feb 4, 2026 07:59 HKT/SGT
DENSO Announces Third Quarter Financial Results  
Tuesday, February 3, 2026 6:36:00 PM
FWD Group survey reveals over 70 per cent of Asia's middle-class feel anxiety about financial wellbeing, preventing longer-term planning  
Tuesday, February 3, 2026 2:13:00 PM
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2026 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: