Singapore-based asset manager Lighthouse Canton plans to invest more than $1.5 billion in India over the next few years, focusing mainly on private credit and real estate, senior executives told Reuters. The firm aims to cross $1 billion in private credit and $500 million in real estate investments within three to four years, reflecting its strong conviction in India as a major alternative investment destination.

Lighthouse Canton has already deployed over $350 million in Indian alternative assets and manages 1.2 million square feet of life sciences-related real estate in Hyderabad. The company runs growth-debt and venture equity funds in India and Southeast Asia, while globally managing $4 billion in assets.

To further expand its India presence, the firm plans to launch a new India-focused private credit fund by January 2026, targeting a raise of 10–15 billion rupees. The focus will include companies with cross-border opportunities, acquisition financing, turnaround strategies, and asset-light technology businesses with strong cash flow.

India’s private credit market is growing fast as companies look for alternative financing beyond traditional banks. The sector currently holds $25–30 billion in assets under management, still at an early stage but attracting strong global participation.

Lighthouse Canton sees significant opportunity in India’s mid-market segment, with deal sizes of $10–50 million. The firm already has seven Indian offices and is exploring further expansion in Bengaluru and Mumbai as it positions India among its top global investment priorities.