Future Wealth Investments, a Singapore-based investment firm with a multi-geography focus including India, has launched its debut venture fund targeting $50 million, with a green shoe option of $10 million, bringing the total potential fund size to $60 million.
The fund will focus on pre-seed to Series A investments, backing founders at the earliest stages of company building, often before formal market categories are defined. The firm plans to write initial cheques ranging from $250k to $5 million, with reserves for follow-on investments in high-performing portfolio companies, it said in a statement.
The firm aims to build a portfolio of around 20 companies.
While the investment mandate is sector-agnostic, the fund has identified certain areas of strategic importance and interest such as artificial intelligence, consumer businesses, supply chain and logistics, and hardware-led innovation.
“The most significant companies of the next decade are being built today in markets and categories that do not yet have a name. That is where we intend to be,” said Rohit Kapoor, managing partner, Future Wealth Investments.
The firm is supported by an advisory board comprising founders of publicly listed companies in India and the UAE, along with a network of operators, investors, and capital allocators across Silicon Valley and Asia.
Its portfolio includes premium pet care brand Heads Up For Tails, satellite communications startup Tantrayut, media network B4U Media, fintech platform Mobipay, quick commerce startup Zippee, and Asia Pacific corporate service provider Vivos.
