Granite Asia

Name

Granite Asia

Legal name

Granite Asia Capital Pte. Ltd.

Website

https://graniteasia.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Asia Private Equity & Venture Capital

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Core Infrastructure Funds (Transport, Social, Digital, Utilities) (FSANAEAA)

akta.pro secondary industry

Endowment / OCIO-Style Multi-Manager Platforms (FSANAGAG)

Keywords

• Asia venture capital
• Private equity funds
• Private credit lending
• Growth stage investments
• Multi-asset investment platform

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Private Equity Fund Management: Granite Asia invests across private equity, private credit, and public capital, managing multiple fund vehicles with USD 10 billion in assets under management and co-managed capital. Revenue is generated through traditional fund management economics (management fees on committed/invested capital and carried interest on realized gains) from venture and growth-stage funds.
2. Private Credit (Libra Hybrid Capital Fund): Granite Asia's private credit strategy (Libra Hybrid) provides non-dilutive structured capital via secured loans to profitable mid-market Asian companies, augmented with revenue-sharing and value-add components. The fund has secured over USD 350 million at first close targeting USD 500 million total. Revenue derives from interest income, structuring fees, and performance-linked upside.
3. Co-Investment & Wealth Distribution: Granite Asia develops funds exclusively for institutional and accredited wealth clients (notably via DBS partnership) and offers co-investment opportunities. Revenue is generated through fee structures and carried interest on these bespoke investment products.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Granite Asia is a multi-asset investment platform that invests across private equity, private credit, and public capital to back technology-driven companies in Asia. The firm manages USD 10 billion in assets under management and co-managed capital across venture, growth, and credit stages, deploying capital through dedicated strategies including the Libra Hybrid private credit fund and an AI-focused IPO fund distributed in partnership with DBS Bank.

Product overview

Granite Asia is a single multi-asset investment platform (not a modular SaaS suite) that delivers equity, credit, and structured capital solutions across venture, growth, and credit stages to technology-driven companies in Asia. The platform is anchored by its core capabilities as a multi-asset investment manager and extends into dedicated sub-strategies including the Libra Hybrid Capital Fund (private credit, anchored by Temasek, Khazanah, and INA), the AI IPO Fund developed under a three-year partnership with DBS, the NextGen Tech 30 ecosystem program (ASEAN's first public-private initiative to recognise growth-stage companies), and the Granite-Integral joint venture for growth/crossover deals, all unified under the multi-asset platform.

Differentiator

Problem solved

Functional benefit

Brands

• Libra Hybrid: Granite Asia's private credit fund providing non-dilutive capital to Asia's mid-market leading corporates while accelerating their growth through technology enablement and strategic value-add.
• Granite-Integral
• GraniteX NextGen Connect
• NextGen Tech 30

Products and services

• Granite Asia Multi-Asset Investment Platform Asia's leading multi-asset investment platform managing USD 10 billion in AUM and co-managed capital, investing across private equity, private credit, and public capital to back technology companies and provide flexible financing solutions across venture, growth, and credit stages.
• Libra Hybrid Capital Fund (Private Credit Strategy) Private credit fund providing non-dilutive capital to mid-market leading corporates across Asia-Pacific through secured loans with stable cash yields and revenue-sharing structures delivering equity-like returns. Available only to institutional and accredited investors.
• AI IPO Fund (DBS x Granite Asia) AI-focused IPO fund providing wealth clients early access to the IPOs of high-growth AI-driven companies in Asia, launched under a three-year strategic partnership with DBS Group.
• NextGen Tech 30 Program ASEAN's first public-private initiative to recognise and elevate home-grown growth-stage companies driving transformational change across Automation, Enterprise Solutions, and Food Tech & Brands tracks.
• Granite-Integral Joint Venture Joint venture between Granite Asia and Integral focused on Japanese and Asia-Pacific technology investments, co-led by CK Choun and Joe Yan at Granite Asia.

Named customers14 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered flagship / strategic tier 1, major / policy advisory, major / jv partner, major / university partnership, portfolio customer relationships (referenced via centific), major / strategic lp and program partner, co-selected rmi partner and major / ecosystem initiative.

• DBS Bankflagship / strategic tier 1GTM or Marketing Partner · 23 February 2026Three-year strategic partnership formalised via MOU. Kicked off with USD 110 million AI-focused IPO fund distributed exclusively to DBS wealth clients across Southeast Asia, South Asia, and Europe. DBS provides end-to-end corporate and investment banking support to Granite Asia's funds and portfolio companies, including subscription financing, corporate loans, M&A advisory, bond issuance support, and IPO preparation.
• Singapore Growth Capital Workgroup (MAS / MTI)major / policy advisoryStrategic or Co-development Partner · 16 February 2026Granite Asia named in Annex A as a member of Singapore's Growth Capital Workgroup chaired by Minister Chee Hong Tat, with recommendations due by end-2027. The workgroup will study the financing value chain across deal origination, capital raising, mobilisation, and capital recycling.
• Integralmajor / jv partnerStrategic or Co-development Partner · 11 December 2025Granite-Integral joint venture co-headed by CK Choun and Joe Yan at Granite Asia. The JV made its first deployment in Notta's US$15 million Series B funding round.
• NUS Enterprise (National University of Singapore)major / university partnershipStrategic or Co-development Partner · 22 July 2025Granite Asia selected as one of the first VC firms (alongside 4BIO Capital) under NUS's first-of-its-kind S$150 million Venture Capital Programme in Asia, with S$50 million committed to selected VC firms over three years plus S$100 million for an autonomous investment fund targeting NUS-affiliated start-ups.
• Microsoft, Nvidia, OpenAI, Anthropic, Google, AWSportfolio customer relationships (referenced via centific)Technology or Integration · 26 June 2025Through portfolio company Centific, Granite Asia has indirect exposure to development and deployment partnerships with major hyperscalers and AI labs serving the enterprise AI stack.
• Jelawang Capital (Khazanah subsidiary)major / strategic lp and program partnerStrategic or Co-development Partner · 25 June 2025Selected Granite Asia as one of two regional VC partners (alongside AppWorks) under Khazanah's Regional Fund Managers' Initiative (RMI). Granite Asia is expected to deploy over RM200 million alongside Vynn Capital, Kairous Capital, First Move, and AppWorks, with a significant portion directed at Malaysia-Nexus companies.
• AppWorksco-selected rmi partnerStrategic or Co-development Partner · 25 June 2025AppWorks from Taiwan co-selected with Granite Asia under Jelawang Capital's Regional Fund Managers' Initiative (RMI) to deploy capital into Malaysian VC-backed companies under the Ekonomi MADANI framework.
• NextGen Tech 30 Coalition (65 Equity Partners, DBS Bank, EDBI, IMDA, KKR, Northstar Group, SBF, SGX)major / ecosystem initiativeGTM or Marketing Partner · 30 May 2024Spearheaded by Granite Asia, NextGen Tech 30 is ASEAN's first public-private initiative to recognise homegrown growth-stage companies across Automation, Enterprise Solutions, and Food Tech & Brands. Joined by 65 Equity Partners, DBS Bank, EDBI, Infocomm Media Development Authority, KKR, Northstar Group, Singapore Business Federation and Singapore Exchange.

Scale indicators16 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• HongShan (formerly Sequoia China): HongShan is a leading China and Asia-focused venture and growth investor spun out of Sequoia Capital, with comparable stage coverage (seed to growth), tech-sector focus, and founder-network-driven sourcing that overlap directly with Granite Asia's venture and growth franchise.
• Hillhouse Investment: Hillhouse operates a multi-asset Asia-focused investment platform spanning private equity, private credit, venture, and real assets, with comparable coverage of consumer, enterprise, and healthcare themes and a similar Pan-Asia GP-led model.
• Affinity Equity Partners: Affinity is a Hong Kong-headquartered, Asia-focused private equity firm targeting mid-to-large cap deals across the region, with comparable sector breadth and a long-cycle Asia investing franchise that overlaps with Granite Asia's growth-equity strategy.
• Northstar Group: Northstar is a Jakarta-headquartered Pan-Asia PE firm with a focus on Indonesia and Southeast Asia, partnered with Granite Asia in the NextGen Tech 30 coalition and overlapping directly on regional growth-equity themes.
• 65 Equity Partners: 65 Equity Partners is a Singapore-based growth-stage private equity firm focused on Asia and emerging markets, co-partnering with Granite Asia on the NextGen Tech 30 initiative and overlapping directly on growth-equity and cross-border Asian deals.
• Vertex Ventures: Vertex Ventures is a Singapore-headquartered, Temasek-linked venture network investing across Southeast Asia, China, India, Japan, and Israel, with comparable stage coverage and a regional founder-network franchise that overlaps with Granite Asia's venture practice.

Broad incumbents

• Warburg Pincus: Warburg Pincus is a global growth-investing firm with a long-established Asia practice and comparable sector coverage in consumer, healthcare, enterprise, and financial services, making it a broader incumbent overlapping with Granite Asia's growth-equity franchise.
• KKR Asia: KKR runs a large multi-asset Asia platform across private equity, private credit (KKR Credit), and infrastructure with deep institutional LP relationships, overlapping with Granite Asia's venture, growth, credit, and ecosystem initiatives (KKR is a NextGen Tech 30 partner).
• Bain Capital Asia: Bain Capital is a global multi-strategy alternative asset manager with a substantial Asia private equity franchise spanning growth, special situations, and credit, comparable in scope (though larger and broader) to Granite Asia's multi-asset platform.
• Carlyle Asia: Carlyle operates a global alternative asset platform with a sizable Asia buyout and growth practice spanning consumer, financial services, and tech, comparable to Granite Asia in sector and stage coverage but at significantly larger scale.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/graniteasia
• LinkedInlinkedin.com/company/granite-asia

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments33 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Granite Asia