About Affirma Capital
Affirma Capital is a private equity firm founded in 2000. It is primarily based in Singapore, Singapore. As of May 2026, Affirma Capital is an active investor with a portfolio of 95 companies, comprising 95 funding rounds and 7 acquisitions. In the last 12 months, it has participated in 1 funding round. The firm primarily invests in companies based in India and China. Its portfolio is spread across a wide range of sectors from Financial Services to Food and Agriculture. Its latest investment was a $***** PE round in RMSI on Oct 30, 2025 along with 360 One.
Overall Affirma Capital portfolio has seen 2 unicorns, 32 IPOs and 20 acquisitions including key companies like MoMo, Northern Arc Capital and Fortis Healthcare. A lot of funds co-invest with Affirma Capital, with names like Standard Chartered sharing a substantial percentage of its portfolio.
Affirma Capital has a team of 63 people, including 19 partners.
Key Metrics
Founded Year
2000
Location
Singapore, Singapore
Portfolio Companies
Portfolio Sectors
Acquisition Deals
Investment Deals
Affirma Capital's Portfolio
Affirma Capital has a portfolio of 95 companies. They have invested in a total of 95 companies. Their most recent investment was in RMSI (PE round) on Oct 30, 2025. Here are the most recent investments by Affirma Capital:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Oct 30, 2025 | PE | 6597 | ||
2023 | PE | 8781 | ||
Sep 08, 2022 | Series A | 2641 | ||
Sep 07, 2022 | Series B | 2920 | - |
Affirma Capital has acquired 7 companies. Their most recent acquisition was of Little Paddington on Feb 08, 2022. Here are the most recent acquisitions by Affirma Capital:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Feb 08, 2022 | Pre-school and day-care center | - | 1996 | |
Aug 06, 2021 | Producer of welding consumable products | - | 1985 | |
Aug 06, 2021 | Provider of solutions for manufacturing of fluid systems | - | 1979 | |
May 24, 2019 | E-distributor offering cosmetic products for beauty brands | - | 1994 |
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Here is the portfolio snapshot of Affirma Capital:
Investments by Year
The maximum number of investments were made in 2022
Acquisitions by Year
The maximum number of acquisitions were made in 2021
Portfolio by Location
Companies are primarily in India and China
Portfolio by Sector
Companies are primarily in Financial Services
Team profile of Affirma Capital
Affirma Capital has a team of 63 members including 19 Partners and 14 Principals located in Singapore, South Korea and 4 more locations. Affirma Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Affirma Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Seoul | - | - | |
Partner | Singapore | - | ||
Partner | Mumbai | - | ||
Partner | Singapore | - | ||
Partner | Seoul | - | ||
Partner | Seoul | - | ||
Partner | Johannesburg | - | ||
Partner | Singapore | - | ||
Partner | Mumbai | - | ||
Partner | South Korea | - | ||
Partner | Johannesburg | - |
Co-investors of Affirma Capital
Over the past 26 years, 24 investors have co-invested in Affirma Capital's portfolio companies.
- Top Co-investors of Affirma Capital: 24 investors entered a company along with Affirma Capital. These include investors like Standard Chartered (4 companies).
Affirma Capital News
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Affirma Capital Taps Local Limited Partners for India-Focused FundFinancial Express•Feb 15, 2026•Affirma Capital, ChrysCapital
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Former Affirma Exec Floats PE Firm to Back Manufacturing CompaniesVCCircle•Oct 13, 2025•Affirma Capital
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Affirma Capital to acquire Equis’ Korean waste assets for $294 millionKedglobal•Jun 17, 2025•Affirma Capital, Equis
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Kyobo Life Ends 7 -yr Put Option Dispute with Affirmamk.co.kr•Feb 10, 2025•Kyobo Life, Affirma Capital
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Affirma spins a multi-bagger as it charts over $600 mn harvest from indiaVCCircle•Dec 04, 2024•Affirma Capital
